UNICORP CANADA&lt;UNI.A> CUTS PUROLATOR&lt;PCC> STAKE

  Unicorp Canada Corp told the
  Securities and Exchange Commission it cut its stake in
  Purolator Courier Corp to 286,500 shares, or 3.7 pct of the
  total outstanding, from 962,400 shares, or 12.4 pct.
      Unicorp, a management and investment holding company
  controlled by its chairman, George Mann, said it sold 675,900
  Purolator common shares on March 2 and 3 at 34.782 and 34.750
  dlrs a share.
      Purolator agreed this past weekend to be acquired by
  managers of its U.S. courier business and E.F. Hutton LBO Inc
  in a leveraged buyout valued at 265 mln dlrs.
  

