Monday, November 27, 2006

MMI Investments Discloses 6% Stake in Unisys (UIS)

In a 13D filing this morning on Unisys Corporation (NYSE: UIS), MMI Investments disclosed a 6% stake (20.6 million shares) in the company.

In a standard disclosure, the firm said they made the purchase for investment purposes and may communicate with the Issuer's management, directors and other shareholders 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.

The firm said the total purchase price of its 20,621,700 shares was $133,727,480.

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