Icahn Ups Nuance Stake, Could Push For Board Seat

Law360, New York (August 30, 2013, 1:22 PM EDT) -- Carl Icahn has again boosted his stake in software maker Nuance Communications Inc., this time to 16.9 percent, and hinted that he could make a play for a seat on the company's board, according to a securities filing made late on Thursday.

Funds controlled by Icahn added 0.5 percent to the activist investor's growing stake in the speech-recognition software company. The billionaire continues to tighten his grip on Nuance, amassing a stake worth $995 million, stoking speculation that he would make a trademark push for strategic...
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