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United States

Acacia Research Corp (ACTG.O)

ACTG.O on Nasdaq

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22 Jul 2016
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Mon, Jun 20 2016

BRIEF-Acacia unit signs patent license agreement with American Gem Society, American Gem Society Laboratories

* Acacia subsidiary signs settlement and patent license agreement with American Gem Society and American Gem Society Laboratories, LLC

BRIEF-Acacia research reports Q1 non-GAAP earnings per share $0.05

* Q1 revenue $24.72 million versus I/B/E/S view $23.5 million

BRIEF-Acacia rejects non-binding proposal from ARC and adopts plan to protect tax benefits

* Binding proposal from ARC and adopts plan to protect tax benefits

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