Acacia research streamlines capital structure, strengthens financial base, creating a corporate acquisition platform backed by starboard value lp

New york--(business wire)--acacia research corporation (nasdaq: actg) (“acacia” or the “company”) and starboard value lp (“starboard”), an investment adviser with a focused and fundamental approach to investing in publicly traded u.s. companies, today announced an agreement to streamline the company's capital structure, further strengthen its financial position, and position it as a unique starboard-backed corporate acquisition platform.
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