Acacia Research Endorses the New Directors of Immersion Corp
NEW YORK--(BUSINESS WIRE)---- $ACTG--Acacia Research Corporation (“we”, "Acacia) (Nasdaq: ACTG) today provided an update on its investment in Immersion Corporation (Nasdaq: IMMR) ("Immersion") and its previous nomination of directors for election to the Board of Directors of Immersion (the "Board") . “On August 1, 2019 we stated on Schedule 13D that we believed Immersion shares were trading at a discount to intrinsic value owing to corporate missteps and errors of strategy,” commented Al Tobia, President
Acacia Research Endorses the New Directors of Immersion Corp
NEW YORK--(BUSINESS WIRE)---- $ACTG--Acacia Research Corporation (“we”, "Acacia) (Nasdaq: ACTG) today provided an update on its investment in Immersion Corporation (Nasdaq: IMMR) ("Immersion") and its previous nomination of directors for election to the Board of Directors of Immersion (the "Board") . “On August 1, 2019 we stated on Schedule 13D that we believed Immersion shares were trading at a discount to intrinsic value owing to corporate missteps and errors of strategy,” commented Al Tobia, President