Investor Louis Blumberg said he recently had sent the company a proposal calling for the declassification of its board and the establishment of a term limit of four years for directors. Blumberg also called for a special meeting to elect certain replacement directors within 60 days of the annual meeting. Blumberg owns 5,915,168 shares (9.14% of the total outstanding).

Costa Brava Partnership III sent a letter to MedQuist expressing concern over alleged conflicts of interest by Koninklijke Philips Electronics (PHG) executives on MedQuist's board in regard to the proposed sale of the company. Costa Brava contends that "the process by which Phillips and its functionaries are forcing the sale of the entirety of MedQuist is illegitimate, as it is being directed by a conflicted and incomplete board." Costa Brava holds 1.94 million shares (5.2%).

A group led by JANA Partners and including Sandell Asset Management has notified CNET of its intention to propose two nominees for election to the board at the 2008 annual meeting, and to propose bylaw amendments that will allow JANA to gain control of a majority of the board by nominating an additional five directors at the meeting. JANA also filed a complaint in the Delaware Court that, if successful, would effectively invalidate CNET's bylaws that would prohibit JANA from submitting its proposals and nominations.

MMI Investments urged Unisys to immediately engage an investment bank to conduct a strategic review of the company's options to maximize stockholder value. MMI argues that there should be a particular focus on the potential realization of U.S. government business through a sale, tax-free spinoff or initial public offering of a subsidiary. MMI Investments owns 34,787,000 shares (9.9%).

Steel Partners II believes that Brink's is significantly undervalued and wants the company to pursue a tax-free spinoff of a business unit or to put itself up for sale. Steel Partners also wants Brink's to increase its share-buyback authorization to $500 million, from $100 million. Steel Partners has 3,027,310 shares (6.2%).

RLR Capital Partners raised its stake to 3,361,445 shares (6.3%) by buying 483,200 from Dec. 21 to 31 at prices ranging from $4.57 to $4.94 apiece.

Investor Robert E. Robotti increased his holdings to 815,394 shares (27.1%) from the 724,697 (24.1%) that he reported owning in October. Prides Capital Partners lowered its holdings to 214,769 shares (7.1%) from 298,505 (9.9%) it reported holding on Sept. 30.

RLR Capital Partners boosted its holdings to 1.65 million Class A common shares (6.3%) from the 1,307,000 (5.1%) it reported owning last June.