NEW YORK (AP) — Billionaire investor Carl Icahn has raisedhis stake in Nuance Communications
over the past month to almost 17percent, nearing a threshold that would trigger defensive mechanisms
tothwart a hostile takeover.A regulatory filing shows that Icahnheld about 52.4 million shares, or 16.9
percent of Nuance’s outstandingshares, as of Thursday.The disclosure tallied share purchases over
several weeks, beginning Aug. 7.Earlierthis month, the voice recognition software maker adopted a plan
toshield itself against a hostile takeover in the event a person or groupacquired 20 percent or more of
the company’s stock without boardapproval.When such "poison pills" kick in, they enable
existing stockholders to acquire additional shares at lower prices.Shares of Nuance Communications Inc.
are down 14 percent this year.Copyright 2013 The Associated Press. All rightsreserved. This material may
not be published, broadcast, rewritten orredistributed.NEW YORK (AP) — Billionaire investor Carl Icahn
has raisedhis stake in Nuance Communications over the past month to almost 17percent, nearing a
threshold that would trigger defensive mechanisms tothwart a hostile takeover.A regulatory filing shows
that Icahnheld about 52.4 million shares, or 16.9 percent of Nuance’s outstandingshares, as of
Thursday.The disclosure tallied share purchases over several weeks, beginning Aug. 7.Earlierthis month,
the voice recognition software maker adopted a plan toshield itself against a hostile takeover in the
event a person or groupacquired 20 percent or more of the company’s stock without boardapproval.When
such "poison pills" kick in, they enable existing stockholders to acquire additional shares at
lower prices.Shares of Nuance Communications Inc. are down 14 percent this year.Copyright 2013 The
Associated Press. All rightsreserved. This material may not be published, broadcast, rewritten
orredistributed.