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Steel Partners sells 4.83 million shares of Unisys
By Lisa Kerner
Charlotte, N.C., Nov. 7 - A group of Unisys Corp. investors led by Steel Partners II, LP reduced their stake to 5.5% from 6.9% with the sale of 4.83 million shares of the company's stock.
The shares were sold between Oct. 10 and Nov. 5 at prices from $1.30 to $1.6348 each, according to a schedule 13D/A filed with the Securities and Exchange Commission.
In a prior SEC filing, Steel Partners reported the purchase of 5,298,737 shares between Oct. 3 and Oct. 10 at prices from $1.5480 to $2.3473 each.
Steel Partners beneficially owns 19,949,847 shares of the Blue Bell, Pa., technology services company.
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