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Nuance/transcend merger info - anon

Posted: Apr 17, 2012

News found on Google: Nuance "extends" offer to Transcend, evidently it is not yet a done deal, here is a link:

http://www.facebook.com/l.php?u=http%3A%2F%2Fshar.es%2FrwD0G&h=pAQGzG3pfAQEOTCQ9kz0JWPU06iLpbFD9CLxvXyjRfb--cw

link correction to above - anon

[ In Reply To ..]
I saw this on FB and inadvertently included that address, here is a link directly to the article:

http://www.masshightech.com/stories/2012/04/16/daily15-Nuance-extends-its-300M-offering-for-Transcend.html

Link appears to be broken message when - following link NM

[ In Reply To ..]
x

link - anon

[ In Reply To ..]
Hmm the link worked for me, but if you Google "Nuance extends offer to Transcend" you will get multiple hits from different market watch sites all commenting on this. Evidently some part of the original contract has not been fulfilled and thus the extension. It may still be a done deal, hard to tell from reading this, but at least for now it is not complete.

This link explains it better...most other articles are in lawyer jargon... - Unbelieveable

[ In Reply To ..]
So, it isn't a done deal yet....this link explains it better, big penalty for Transcend if they don't comply by new deadlie-like 9 million!

http://www.zdnet.com/blog/btl/nuance-transcend-deal-hits-speed-bump-deadline-extended/74368

nuance/transcend merger - anon

[ In Reply To ..]
That is a great link, thanks! The original link that I found did say about some of the conditions not being met, but did not say that Transcend was dragging its feet.

It did include this statement:"Nuance said it expects the acquisition to add between $140 million and $150 million in revenue in fiscal year 2013." That is mind blowing...And you would think they could provide a more affordable health plan to those of us making all of this profit for them!

If the acquisition makes them that much money - you all should get raises - ASAP.

[ In Reply To ..]
!!

raises - hahah

[ In Reply To ..]
That is what I thought when Nuance took Webmedx and all I got was a pay cut, lost holiday pay, bad incentive, and the loss of my CMT pay. Hope Transcenders get a better deal.

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