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Why Unisys Corporation Stock Plunged Today

2016-03-10 00:22:29| IT Services - Topix.net

What: Shares of Unisys Corporation plunged more than 25% Wednesday after the company disclosed its intention to offer $150 million in unsecured convertible senior notes. So what: That the notes will be unsecured indicates they may not come with the best terms for Unisys.

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