"Icahn uses holdings to seek change in companies he deems undervalued or ill-managed. While Icahn’s stake in Nuance is passive, his move to expand the investment suggests that he may push the company to sell itself or shed some businesses, according to Shyam Patil, an analyst at Wedbush Securities Inc.Nuance Gains as Icahn Builds Stake in Software Maker - Bloomberg
Potential suitors could include Microsoft Corp., International Business Machines Corp. or Oracle Corp. (ORCL), Patil said. It’s also possible that Apple Inc. or Google Inc. would be interested in Nuance’s mobile technology, he said."
Monday, August 12, 2013
Nuance Gains as Icahn Builds Stake in Software Maker - Bloomberg
A new and likely unwelcome voice at Nuance