Comverse (CMVT +6.9%) jumps on a report Nice Systems is in talks to buy rival Verint, which is...

|About: Comverse Tech Inc # (CMVT)|By:, SA News Editor

Comverse (CMVT +6.9%) jumps on a report Nice Systems is in talks to buy rival Verint, which is 41%-owned by Comverse. The reported $1.5B price tag would give Comverse a $98M gain for its stake relative to Friday's close.