Icahn Not Lobbying Apple on Nuance Acquisition
If Carl Icahn is in the news these days, there's a good chance Apple is right there with him. Such is the case once again on Tuesday.
Icahn, a wealthy business mogul and prominent Apple shareholder, reveals in a new interview that there's no truth to suggestions that he wants Apple to buy Nuance, another company of which he owns a substantial number of shares.
Nuance Communications Inc., of course, is the maker of the software that runs Siri.
"That is something I would never micromanage and never even think of telling Tim Cook," Icahn said. "It has zero to do with the fact that I'm involved with Apple... I don't have the expertise or the presumption to say I have the expertise to tell him to do that."
Icahn, however, admits to still putting pressure on Cook to move forward with a $150 billion buy-back.
Icahn's stake in Apple now stands at 4.7 million shares.