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0 0 0.00211416490486253 0.00422832980972507 0.0211416490486257 0.0232558139534883 0.0761099365750527 0.0761099365750527
Stock impact report

Acacia Research Corporation Acquires Deflecto®

Acacia Research Corporation (ACTG) 
Last acacia research corporation earnings: 8/8 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: acaciaresearch.com/investor-relations
Company Research Source: Business Wire
Transaction Adds Leading Speciality Manufacturer of Essential Products Serving the Commercial Transportation, HVAC and Office Markets to Acacia’s Growing PortfolioExpected to Deliver Significant Revenue and be Immediately Accretive to Free Cash Flow and Earnings Per Share with Further Value Creation OpportunitiesDeflecto Expected to Generate Approximately $128-$136 Million in Revenue in 2024 NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”), which acquires and operates businesses across the industrial, energy and technology sectors, announced today that is has acquired Deflecto Acquisition, Inc. (“Deflecto”) for $103.7 million (the “Transaction”). Headquartered in Indianapolis, Indiana, Deflecto is a leading specialty manufacturer of essential products serving the commercial transportation, HVAC and office markets. Under Acacia’s ownership, Deflecto will continue to be led by Ross Pliska, Chief Executive Officer, and the existing Defl Show less Read more
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