Terayon Communication Systems (fka TERN)

[realfast95]

Rumor has it, TERN has hired GS to shop it until 2/14.
Target price is $5 per share 385 to 400m.
Which sounds like a lot.

However with the deal, the buyer gets $300m is tax loss carry forward. So we are talking less than 100m.
CSCO, MOT and HLIT are the players mentioned.

ARRS is off the market. But the deal between ARRS and Tandberg pushes the envelope.