Gamco-led investors report purchase of 183,700 shares of Sterling Bancorp

By Lisa Kerner

Charlotte, N.C., Oct. 14 - Sterling Bancorp investors led by Gamco Asset Management Inc. boosted their ownership to 8.23% from 7.19% with the purchase of 183,700 additional shares.

The shares were acquired between Aug. 14 and Oct. 13 at prices from $11.1829 to $16.891 each, it was reported in a schedule 13D/A filed with the Securities and Exchange Commission.

Gamco and its affiliates beneficially own approximately 1.47 million shares of the New York bank holding company.

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