Wednesday, November 29, 2006

MMI Investments Discloses 5.3% Stake in Acxiom Corporation (ACXM)

In a 13D filing on Acxiom Corporation (Nasdaq: ACXM), MMI Investments disclosed a 5.3% stake (4.1 million shares) in the company.

In a general disclosure, the firm said they bought the shares for investment purposes and said they may communicate with company's representatives in the future. The firm said it has no current plan or proposal that relates to or would result in any of the transactions or other matters specified in clauses (a) through (j) of Item 4 of Schedule 13D, but said it reserves the right to develop such plans or proposal in the future.

MMI Investments recently disclosed a large stake in Unisys Corporation (NYSE: UIS). The hedge fund also holds a large stake in Paxar Corporation (NYSE: PXR).

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