Carl Icahn Ups Stake In Siri Maker Nuance To Nearly 19%, Plans Sale

Mani

Published onDecember 5, 2013

Updated on May 13, 2021

Carl Icahn disclosed Wednesday that he increased his stake in Nuance Communications Inc. (NASDAQ:NUAN) to 18.72% up from 16.9%. Icahn has big plans for the company as ValueWalk first reported in May.

Table of Contents

According to a filing with the Securities and Exchange Commission, Icahn now owns a total of 58.9 million shares in Nuance Communications Inc. (NASDAQ:NUAN) after the recent acquisition of 6.5 million shares.

Icahn’s standstill agreement

Recently Nuance Communications Inc. (NASDAQ:NUAN) announced its decision to provide two board seats for the group of activist investor, Carl Icahn,...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article

Already a member? Log in here

Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Carl Icahn Ups Stake In Siri Maker Nuance To Nearly 19%, Plans Sale

Icahn’s standstill agreement

Login required to continue reading.

Get Your Business News