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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported) October 7, 1997
UNISYS CORPORATION
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(Exact Name of Registrant as Specified in its Charter)
Delaware 1-8729 38-0307840
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(State or Other (Commission File Number (IRS Employer
Jurisdiction of Identification No.)
Incorporation)
Township Line and Union Meeting Roads,
Blue Bell, Pennsylvania 19424
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(Address of Principal Executive Offices) (Zip Code)
(215) 986-4011
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(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS.
On October 7, 1997, Unisys Corporation (the "Company") called for
redemption, on October 27, 1997 (the "Redemption Date"), all of its outstanding
8 1/4% Convertible Subordinated Notes due 2000 (the "Notes"). The Notes are
convertible into shares of the Company's Common Stock, par value $.01 per
share (the "Common Stock"), prior to 5:00 p.m., New York City time, on the
Redemption Date. In the event that fewer than all the Notes are surrendered for
conversion prior to such date and time, the Company has entered into a Standby
Agreement, dated as of October 7, 1997, with Salomon Brothers Inc (the
"Purchaser") providing for the Purchaser to purchase from the Company such
number of shares of Common Stock as would have been issuable upon conversion of
any of such Notes that have not been so surrendered for conversion.
ITEM 7. EXHIBITS.
1 Standby Agreement, dated October 7, 1997, between the Company and the
Purchaser
20 Notice of Redemption
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
UNISYS CORPORATION
Date: October 7, 1997 By: /s/ Harold S. Barron
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Name: Harold S. Barron
Title: Senior Vice President,
General Counsel and
Secretary
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EXHIBIT INDEX
Exhibit No.
1 Standby Agreement, dated as of October 7, 1997, between Unisys
Corporation and Salomon Brothers Inc
20 Notice of Redemption, dated October 7, 1997
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