A simple preparation of 1-octen-3-ol so called Matsutake alcohol using a butadiene telomer is described: selective hydrogenation of the terminal double bond of 2,7-octadienyl acetate gave 2-octenyl acetate which was converted via palladium-catalyzed allylic rearrangement and hydrolysis into 1-octen-3-ol.
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Tsuji et al. (1976) studied this question.
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