A novel graft copolymer of unsaturated propylene with methyl methacrylate (uPP-g-PMMA) was added to binary blends of isotactic polypropylene (iPP) and atactic poly( methyl methacrylate) (aPMMA) with a view to using such a copolymer as a compatibilizer for iPP/aPMMA materials. Optical microscopy (OM), scanning electron microscopy, wide angle X-ray scattering (WAXS), and small angle X-ray scattering (SAXS) techniques showed that, contrary to expectation, the uPP-g-PMMA addition does not provide iPP/aPMMA compatibilized materials, irrespective of composition. As a matter of fact the degree of dispersion of the minor component achieved following the addition of uPP-g-PMMA copolymer remained quite comparable to that exhibited by binary blends of iPP and aPMMA with no relevant evidence of adhesion or interconnection between the phases. On the other hand the crystalline texture was deeply modified by the copolymer presence. With increasing uPP-g-PMMA content (w/w) the iPP spherulites were found to become more open and coarse and the dimensions and number per unit area of the amorphous interspherulitic contact regions were found to increase. According to such OM results the copolymer uncrystallizable sequences were assumed to be mainly located in interfibrillar and interspherulitic amorphous contact regions. SAXS analysis demonstrated that the phase structure developed in the iPP/aPMMA/uPP-g-PMMA blends is characterized by values of the long period increasing Linearly with increasing copolymer content (w/w). Assuming a two phase model for the iPP spherulite fibrillae, constituted of alternating parallel crystalline lamellae and amorphous layers, the lamellar structure of the iPP phase in the ternary blends is characterized by crystalline lamellar thickness (L-c) and an interlamellar amorphous layer (L-a) higher than that shown by plain iPP and L-c and L-a values both increased with increasing uPP-g-PMMA content (w/w). Such SAXS results have been accounted for by assuming that a cocrystallization phenomenon between propylenic sequences of the uPP-g-PMMA copolymer and iPP occurs. The development of the iPP lamellar structure in the iPP/aPMMA/uPP-g-PMMA blends was thus modeled hypothesizing that during such a cocrystallization process copolymer PMMA chains with comparatively lower molecular mass remain entrapped into the iPP interlamellar amorphous layer forming their own domains. Moreover, evidence of strong correlations between the crystallization process of the uPP-g-PMMA copolymer and the iPP crystallization process was shown also by differential scanning calorimetry and WAXS experiments.