NEW YORK ( TheStreet) -- Voice-recognition service provider Nuance Communications (NUAN - Get Report) is buying medical transcription and speech editing services company Transcend Services (TRCR) for $300 million.Nuance will pay $29.50 a share in cash for Transcend Services, which represents more than a 40% premium to the company's shares as of Tuesday close.
Nuance to Buy Transcend Services for $29.50 a Share: News Alert
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