Microsoft (MSFT) is closing in on regulatory approval for its proposed $16 billion acquisition of Nuance Communications. Citing people familiar with the matter, Reuters reports that the tech giant could secure unconditional European Union anti-trust approval for the takeover of the artificial intelligence and speech technology company. MSFT shares rose by 2.83% to close at $342.54 on December 10. Microsoft is a technology company that develops and offers an array of software services and solutions. It also designs, develops, and sells personal computers, tablets, and gaming consoles. Microsoft Nuance Acquisition Last month, the European Commission asked customers and competitors to list any concerns about the deal.
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