February 24, 2017 / 12:14 PM / 10 months ago

BRIEF-Mattersight announces private placement

Feb 24 (Reuters) - Mattersight Corp

* Mattersight announces private placement

* Has entered into definitive purchase agreement for sale of 5.33 million shares of common stock in a private placement

* Expects to raise about $16.0 million in gross proceeds by selling 5.2 million of common stock to certain investors at price of $3.00 per share Source text for Eikon: Further company coverage:

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