GAMCO Investors has disclosed an 8.3% ownership position in American Axle Holdings, signaling a significant interest that could influence the company’s strategic direction. This disclosure is critical for market participants, as it reflects GAMCO’s confidence in American Axle’s potential and may prompt further investor scrutiny.
LONDON–(BUSINESS WIRE)– FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: GAMCO Investors, Inc. (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
Source: Original Press Release