Carl Icahn Increases Nuance Stake, May Seek Board Seat
This article is for subscribers only.
Billionaire investor Carl Icahn boosted his stake in Nuance Communications Inc. and may seek to put a representative on the board of the speech-recognition software maker.
Funds controlled by Icahn, including Icahn Partners LP and Icahn Onshore LP, reported a combined 16.9 percent stake in Nuance, up from 16.4 percent, according to a filing with the U.S. Securities and Exchange Commission yesterday.