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Acacia Subsidiary Enters into an Agreement with Verizon Wireless and Alltel Communications LLC

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NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Acacia Research Corporation (NASDAQ: ACTG) announced today that its Location Based Services LLC subsidiary entered into an agreement with Verizon Wireless and Alltel Communications LLC. The agreement resolves litigation between Location Based Services LLC and Alltel Communications LLC that was pending in the United States District Court for the Northern District of Ohio. ABOUT ACACIA RESEARCH CORPORATION Founded in 1993, Acacia Research Corporation (NASDA

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