Thursday, May 03, 2007

MMI Investments Raises Stake in Unisys (UIS) to 8.1%

In amended 13D filing on Unisys Corp. (NYSE: UIS) today, MMI Investments disclosed an 8.1% stake (27.96 million shares) in the company. This is up from the 7.1% stake (24.35 million shares) the firm disclosed in a past filing.

On average, the firm paid $6.90 per share for its stake. Today UIS is trading at $8.02.

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