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Mass. Movers

Carl Icahn may seek to join Nuance board

Paul A. Ricci is the chief executive of Nuance.

Dan Lamont

Paul A. Ricci is the chief executive of Nuance.

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Shares of Burlington-based Nuance Communications Inc. rose after billionaire and activist investor Carl Icahn revealed in a regulatory filing that he has raised his beneficial ownership in the speech-recognition software maker. Icahn may attempt to seek board seats for himself and his nominees. Nuance recently adopted a shareholder rights plan. The “poison pill” was put in place after Icahn boosted his beneficial ownership in Nuance to 16.03 percent earlier in the month.

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