- Nearly a year ago, Acacia Research expanded its business strategy to generate absolute return. Starboard Value partnered with it to generate leads and provide financial backing.
- In June, Acacia entered into a purchase agreement with Link Fund Solutions to acquire public and private life sciences companies held by the shuttered Woodford Equity Income Fund.
- Although details pertinent to understanding the transaction were not handily provided or available, hours of digging have validated the transaction should indeed generate a positive return.
For further details see:
Acacia Research: Starboard Facilitates The Generation Of Absolute Return