E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/31/2008 in the Prospect News Special Situations Daily.

Unisys shareholder Steel Partners buys 6.5 million shares

By Lisa Kerner

Charlotte, N.C., Dec. 29 - Unisys Corp. investor Steel Partners II, LP increased its ownership interest to 6.7% from 4.9% with the purchase of 6.5 million shares of the company's stock.

The shares were acquired between Dec. 19 and Dec. 26 at prices from $0.5863 to $0.8033 each, according to a schedule 13D/A filed with the Securities and Exchange Commission.

In a prior SEC filing, Steel Partners reported the sale of 2.02 million shares on Nov. 7 and Nov. 10 and between Oct. 14 and Nov. 5 at prices from $0.7565 to $1.0535 each.

Steel Partners beneficially owns 24,429,847 shares of the Blue Bell, Pa., technology services company.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.