Steel Partners acquires more than 5.2 million shares of Unisys for 6.9% stake

By Lisa Kerner

Charlotte, N.C., Oct. 14 - A group of Unisys Corp. investors led by Steel Partners II, LP bought 5,298,737 shares to increase their ownership interest to 6.9%, from 5.4% on Oct. 3.

The shares were acquired between Oct. 3 and Oct. 10 at prices from $1.5480 and $2.3473, according to a schedule 13D/A filed with the Securities and Exchange Commission.

Steel Partners previously reported the purchase of 8,239,706 shares between Aug. 1 and Oct. 2 at prices from $3.68 to $4.19 each.

Steel Partners beneficially owns 24,779,847 shares of the Blue Bell, Pa., technology services company.

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