Super Mario’s (Mario Gabelli) and his Gamco Investors fund got more active on some of its small-cap plays last week. These include Myers Industries ($MYE) and Pep Boys ($PBY). Gamco upped its stake in MYE to 6.4mm shares and now owns 20% of the company. As far as PBY goes, Gamco now owns 9.2mm shares -- or 17% of the company.
Most notably, Gamco took a new stake in Chiquita Brands ($CQB), now owning 3mm shares and 6.5% of the banana company. The fund bought shares between $13 and $15 a share. CQB has plans to be acquired by Cutrale-Safra for $1.4.50 a share.