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Published on 10/2/2009 in the Prospect News Special Situations Daily.

Agilysys investor Ramius sells more shares, reduces ownership to 10.9%

By Lisa Kerner

Charlotte, N.C., Oct. 2 - Agilysys, Inc. shareholders led by Ramius LLC reduced their ownership to 10.9%, from 11.6%, through a series of sale transactions between Aug. 27 and Oct. 1, according to a schedule 13D/A filed on Friday with the Securities and Exchange Commission.

On Aug. 24 and Aug. 25, Ramius sold 31,070 shares, a prior SEC filing said.

Ramius beneficially owns 2,499,796 shares of the Solon, Ohio-based IT solutions provider.


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