A dissident shareholder of Clarent Corp. wants the company to put itself on the sale rack. But while analysts don’t expect the business to sell itself now, they said some big acquirors could be interested if $450 million market cap Clarent plays an M&A tune. Irwin Jacobs, a 7.7% shareholder, in a letter to Clarent Chairman Barry Forman included in a May 10 13D, questioned the company’s cash-burn rate. He also wondered why the telecommunications industry views the company’s hardware technology as lagging.
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