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ringo
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1-5 dicarboxylic acid to lactone with SOCl2?

I came across a reaction whereby a 1-5 dicarboxylic acid is converted to lactone with $\ce{SOCl2}$. I was wondering what the mechanism of this was.

I know that $\ce{SOCl2}$ converts carboxylic acids to acyl chlorides. Is it the case that one carboxylic acid undergoes this transformation, then the oxygen from the $\ce{OH}$ of the other carboxylic acid attacks the acyl chloride, making the $\ce{Cl}$ a leaving group?

Is this the case or am I missing something?