CONTROL DATA &lt;CDA> TO BUY PERIPHERALS STAKE

  Control Data Corp said it
  agreed to acquire Unisys Inc's &lt;UIS> 13 pct stake in &lt;Magnetic
  Peripherals Inc>.
      The letter of intent provides that Unisys converts from an
  owner in Magnetic Peripherals to a customer of Control Data's
  data storage products group over a two year period.
      Under the agreement, Control Data will continue to furnish
  disk drives to Unisys, it said.
      No other details of the proposed agreement were available.
      Magnetic Controls, managed by the data storage products
  group of Control Data, was founded in 1975 as a joint venture
  to maintain a technological base in data storage, and supply
  peripheral equipment for the computer systems of its owners.
      The venture has become a developer and manufacturer of high
  performance, high-capacity data storage products sold by
  Control Data to computer systems manafacturers worldwide, it
  said.
      After conversion of the Unisys interest, Control Data will
  own 80 pct, Honeywell Inc &lt;HON>, 14 pct and Bull S.A. of
  France, six pct, it said.
  

