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+--- Thread: Is Nuance up for sale (/showthread.php?tid=2225)
Is Nuance up for sale - arnieroy - 16-08-2014
I just chanced upon this interesting article which suggests so.
Nuance’s $250 million 2027 Convertible Notes redemption is either a signal of an imminent buyout or a red herring.
If one read between the lines and disregarded the noise during Monday's earnings, a very interesting event was announced which could signal a buyout is on the horizon: Nuance is calling back all of their $250 million, 2027 Convertible Notes (at 2.7%).
It is my belief that the redemption of these notes is in anticipation of a buyout in the near future. It would help the acquirer save over $50 million from the convertible liability if the company is bought for over $23.36 per share.
A buyout offer is on the table and calling back the debt will save the future acquirer ~$50 million from a debt to share convert.
http://seekingalpha.com/article/2418935-nuance-its-all-about-the-debt-redemption-baby
RE: Is Nuance up for sale - themt10@gmail.com - 16-08-2014
Who gives a damn?
They could go universal or global or set up in the next galaxy but I will still be looking forward to my next paycheck in Indian Rupees.
Instead, I would be pleased if you could cheer me up if you had some interesting bloopers or anything unbelievable also so I can go ha, ha, ha
instead of 
. All of us MTs could do with something to laugh at, if only for a moment.No offense buddy.
RE: Is Nuance up for sale - jutamaro - 20-09-2014
(16-08-2014, 05:27 PM)arnieroy Wrote: I just chanced upon this interesting article which suggests so.
Nuance’s $250 million 2027 Convertible Notes redemption is either a signal of an imminent buyout or a red herring.
If one read between the lines and disregarded the noise during Monday's earnings, a very interesting event was announced which could signal a buyout is on the horizon: Nuance is calling back all of their $250 million, 2027 Convertible Notes (at 2.7%).
It is my belief that the redemption of these notes is in anticipation of a buyout in the near future. It would help the acquirer save over $50 million from the convertible liability if the company is bought for over $23.36 per share.
A buyout offer is on the table and calling back the debt will save the future acquirer ~$50 million from a debt to share convert.
http://seekingalpha.com/article/2418935-nuance-its-all-about-the-debt-redemption-baby
Good. Nuance has become a Nuisance through their Indian franchisees out to make a fast buck at the expense of their Indian MTs.
RE: Is Nuance up for sale - LEE76 - 29-10-2014
(20-09-2014, 05:21 PM)jutamaro Wrote:
Hope new take over (Samsung) is not sooo..... Quality frantic!!!