GAMCO Investors, Inc. Spins Out Subsidiary Associated Capital Group, Inc.

November 30, 2015

NEW YORK - Paul Hastings LLP, a leading global law firm, represented GAMCO Investors, Inc. (NYSE: GBL) in the spin-off of its subsidiary, Associated Capital Group, Inc. (NYSE: AC), which operates alternative investment management and institutional research services businesses.
As a result of the spin-off, Associated Capital Group, Inc. is a separate, NYSE-listed publicly traded company. The spin-off was consummated on November 30, 2015.

GAMCO Investors, Inc. is a widely-recognized provider of investment advisory services to open and closed-end funds and institutional and private wealth management investors.
The Paul Hastings team was led by New York Corporate partners Michael Rosella and Michael L. Zuppone, and of counsel Keith Pisani, in addition to associates Felicia Yen and Steven Jean.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.