Friday, December 6, 2013

Icahn’s Next Move: Break-Up Or Outright Sale of Nuance

Icahn’s Next Move: Break-Up Or Outright Sale of Nuance

Icahn’s next move

On the other hand, Daniel Ives, analyst at FBR Capital Markets in New York speculated that Icahn’s next movemight include pushing for a new chief executive officer, breaking up the businesses, or an outright sale of Nuance Communications Inc. (NASDAQ:NUAN). Ives said, “Given the fundamental weakness of Nuance over the past few quarters, we believe Icahn has many potential scenarios.”

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