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Nuance Communications, Inc. (NUAN)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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54.90-0.04 (-0.07%)
At close: 4:00PM EDT
54.90 0.00 (0.00%)
After hours: 04:42PM EDT
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  • b
    billy
    Simply doing a little house keeping on this board before the doors are locked for the final time. Everyone from the past has stopped posting and this wild ride is coming to a close. Hip hip chin chin!
  • b
    billy
    Yo Dean explain to me your option strategy in English. I’m a little slow!!!!!!
  • J
    Johan Debraeckeleire
    I wonder how these M&A's typically are handled if you are a former employee and had a stock plan within Nuance. Luckily i hold on to them lol. Is this automatically settled when the deal is executed?
  • D
    Dean
    Just got the proxy voting. Shareowner meeting and vote to approve will be Aug 25th.
  • J
    Jack
    So will I have the option yet to exchange my Nuance shares for Microsoft shares come closing day? I think other shareholders have expressed the same here. Long term holder and believer in Nuance since 2004. Glad to see how new management has righted this company.
  • b
    billy
    I am wrong about the deal closing in September! The deal is closing in December and that is a given. No conjecture. Sorry for the misinformation!
  • D
    Dean
    Someone bought 1500 Jan'23 $60 Calls at Ask ???
    What's the logic here?
  • J
    Jeven
    So looks like we are still waiting on EU/UK/Australia.

    .Regulatory ApprovalsGeneral Nuance and Microsoft have agreed to use their reasonable best efforts to comply with all regulatory filing andnotification requirements and obtain all regulatory approvals required or recommended to consummate the mergerand the other transactions contemplated by the merger agreement. These approvals include approval under, ornotifications pursuant to, the HSR Act and the competition laws of the European Union and any relevant EuropeanUnion Member States, the United Kingdom and Australia
  • S
    Stefy
    Dumb question here. should I sell my share if it gets higher than 56$ ?! we should get 56$ per share by the end of the year. But what happen if Nuance's stock get higher in price?! (56$++)
    Neutral
  • l
    luapnn
    New anti trust laws, new ftc head? Curious on opinions.
    This got approval based on current laws not the bills the house just passed, also new ftc
    head is not a fan of tech getting larger!

    Not sure how any merger arb makes sense if we don't know what the laws are going to be, but in any case it looks like its going to be tough to get any done if you look at those 5 bills!
    Neutral
  • H
    Harry
    MSFT is playing monopoly with NUAN purchase. Will it succeed?
  • w
    wally wonder
    right now at 54.41 you can pocket 2.85% return at buy out date...not bad
  • D
    David
    Unfortunately, the arb play is just not very juicy anymore. Was able to sell some Jan 2023 75C for $0.25 but it's just not as exciting selling a contract with max profit of $25.
  • c
    coolguydupe
    Going to buy out price, finally!
  • i
    iamlbts
    Nuance is a leader in voice biometrics. Voice biometrics (voice recognition) may well revolutionize security on cell phones and this new ability to safely use your phone will have profound market advantages for the finance and medical companies adopting this technology. Microsoft is getting a bargain.
    Bullish
  • j
    james
    Just received by email a Message Notification from IBKR that NUAN merger will be merged June 15th, 2021
    That was from their Corportate Actions department.
    Bullish
  • T
    TV107
    so does today's news mean buyout will close sooner than expected like by mid-september?
  • D
    Dean
    No one seriously expected the deal to be blocked by Gov.
    IMO The spread was maintained by professional traders who just look at these things mechanically, and they just adjust their Arb gap according to their rule of thumb, without spending a lot of in-depth research on the details. I have no other explanation for the large arb gap, anyone has any other opinion?

    I mostly nibbled (orgy-ed) on options by placing smallish sell orders every day across 14 strikes/expirations and assembled 748 short option contracts. Ending up with Strangles and yielding ~40% return in a Margin account (assuming the deal closes).
  • C
    ChitownTrader
    What would happen to the 2023 calls once Microsoft buys nuan?