Brief: SoftVest & Blackbeard Holdings Announce Proposed Business Combination With Permian Basin Royalty Trust
18/05/2026 23:23
May 19 (Reuters) - SoftVest: SOFTVEST AND BLACKBEARD HOLDINGS ANNOUNCE PROPOSED BUSINESS COMBINATION WITH PERMIAN BASIN ROYALTY TRUST PERMIAN BASIN ROYALTY TRUST - DEAL TO FORM NEW TEXAS-INCORPORATED NYSE-LISTED COMPANY PERMIAN BASIN ROYALTY TRUST - NEW PUBCO TO BUY PBT ASSETS AND US LAND GUILD WITH 66,500 ACRES AND 15% ROYALTY INTEREST Source text: ID:nGNX17DmxQ Further company coverage: PBT.N ((Reuters.Briefs@thomsonreuters.com;;))
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