March 20, 2018 / 4:07 PM / a month ago

BRIEF-Sidus Investment Confirms Nominating 2 Candidates To Acacia's Board

March 20 (Reuters) - Sidus Investment Management:

* SIDUS INVESTMENT MANAGEMENT AND BLR PARTNERS ISSUE LETTER TO STOCKHOLDERS OF ACACIA RESEARCH CORPORATION

* ‍SIDUS INVESTMENT MANAGEMENT SAYS IN LETTER, CONFIRMED IT NOMINATED 2 INDEPENDENT CANDIDATES, CLIFFORD PRESS AND ALFRED TOBIA JR., TO ACACIA’S BOARD

* SIDUS INVESTMENT MANAGEMENT SAYS SIDUS INVESTMENT & BLR PARTNERS LP HAS OWNERSHIP OF ABOUT 4.1 PCT OF ACACIA RESEARCH OUTSTANDING SHARES

* SIDUS INVESTMENT MANAGEMENT​ SAYS “REPEATEDLY ATTEMPTED TO PRIVATELY ADDRESS OUR CONCERNS” WITH ACACIA RESEARCH Source text for Eikon: Further company coverage:

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