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Carl Icahn Seen Pushing Nuance To Divest, Restructure

Tue, Apr 02 2013 00:00:00 E 00_WEB
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Activist investor Carl Icahn, who has acquired a 9% stake in Nuance Communications (NUAN), might push management to sell off some business units or restructure the speech recognition software maker, analysts say. Shares in Nuance were up 7% in early trading Tuesday. Burlington, Mass.-based Nuance disclosed Icahn's stake in a regulatory filing late Monday, according to Bloomberg News. Stifel ...

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