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Stock impact report

Acacia Research Corporation Acquires Deflecto® [Yahoo! Finance]

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: Yahoo! Finance
Expected to Deliver Significant Revenue and be Immediately Accretive to Free Cash Flow and Earnings Per Share with Further Value Creation Opportunities Deflecto Expected to Generate Approximately $128-$136 Million in Revenue in 2024 NEW YORK, October 21, 2024 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 Deflecto management team. Deflecto is a market leader across each of its segments and end markets, supplying essential, regulatory mandated p Show less Read more
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