April 3, 2017 / 9:42 PM / 8 months ago

BRIEF-Harbert Discovery Fund 6.2 pct stake in Qumu Corp

April 3 (Reuters) - Qumu Corp:

* Harbert Discovery Fund LP reports 6.2 percent stake in Qumu Corp as of March 24, 2017

* Harbert Discovery Fund LP - purchased securities of Qumu Corp based on their belief that the securities were “undervalued”

* Harbert Discovery Fund LP -anticipate having further conversations with members of Qumu's management, board regarding possible ways to enhance shareholder value Source text:(bit.ly/2ovjMb3) Further company coverage:

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