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Published on 6/29/2009 in the Prospect News Special Situations Daily.

Unisys shareholder Steel Partners reports sale of 3.82 million shares

By Lisa Kerner

Charlotte, N.C., June 29 - Unisys Corp. investor Steel Partners II, LP decreased its ownership interest to 7.2% with the sale of 3,819,527 shares of the company's stock.

The shares were sold on June 25 and June 26. Each share was priced at $1.35 or $1.39, according to a schedule 13D/A filed with the Securities and Exchange Commission on Monday.

Steel Partners beneficially owns 26,710,320 shares of the Blue Bell, Pa., technology services company.


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