Icahn May Seek Talks With Nuance on Adding to Board

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Aug. 29 (Bloomberg) -- Bloomberg's Olivia Sterns reports that Carl Icahn may seek talks with Nuance Communications on adding to the board. She speaks on Bloomberg Television's "Taking Stock." (Source: Bloomberg)


Olivia sterns has the details.

News just crossing that billionaire carl icahn has a new target in his sights.

This time it is nuance communications.

They may seek talks with nuance about adding to the board.

This is a company that makes speech and imaging solutions for businesses and consumers.

Products include a speech recognizer.

Previously it had a 16.4% stake in the company.

Now it is up to 16.9%. he wants to potentially discuss adding members to the board.

The stock is down about 18% this year.

It suggest to some investors there is an opportunity there to shake things up and an argument for the company to change its current course.

This text has been automatically generated. It may not be 100% accurate.


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