WILSONVILLE, OR -- Six weeks after calling the company a "country club," one of Mentor's largest shareholders is at it again.

Hedge fund Casablanca Capital chairman Donald Drapkin, owner of 5.5% of the EDA company's shares, said this week he thinks Mentor could will sold within three to 15 months.

What's more, Cadence could be the ideal suitor, Drapkin told CNBC, calling the printed circuit board and semiconductor software developer "an actual fit."

Cadence made a bid for Mentor in 2007, but was rebuffed. It later underwent a major restructuring in which its CEO resigned. However, Drapkin told CNBC a merger with Cadence would save more than $200 million in annual expenses for the combined entity.

Drapkin and fellow Wall Street investor Carl Icahn have been urging the company to find a buyer, with Icahn actually tendering an offer.

On Feb. 8, Drapkin told the same network Mentor has a “sleepy company run like a country club.”

This week, he returned to his favorite saying: "When we see management doing a bad job running country clubs instead of running businesses ... we have the right to make our voices heard.”

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