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Stock Market & Financial Investment News

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July 1, 2014
07:27 EDTNUANAcquiring Nuance would make sense for Samsung, says Oppenheimer
After speculation arose that Samsung and private equity firms had held strategic discussions with Nuance lately, Oppenheimer thinks that Samsung has a strategic rationale to acquire Nuance. However, the firm notes that Samsung appears to be focusing more on small acquisitions than major acquisitions. Nonetheless, Oppenheimer believes Nuance could be acquired for $25-$30 per share. It keeps an Outperform rating on the stock.
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