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Courtesy of Benzinga.
Mattersight Corporation (NASDAQ: MATR) today announced that it has commenced a tender offer to purchase up to 111,605 shares of its 7% Series B Convertible Preferred Stock (“Series B Preferred Stock”) at a purchase price of $8.60 per share, plus accrued and unpaid dividends. The 111,605 shares of Series B Preferred Stock represent 6.68% of the outstanding shares of Series B Preferred Stock. The tender offer will expire at 5:00 p.m., Chicago time, on Friday, April 13, 2012, unless extended by Mattersight.
(c) 2011 Benzinga.com. All rights reserved. This material may not be published in its entirety or redistributed without the approval of Benzinga.
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