Permian Basin Royalty Trust to merge with Blackbeard's U.S. Land Guild business (PBT:NYSE)
Permian Basin Royalty Trust (PBT) is set to merge with Blackbeard Holdings' U.S. Land Guild business. This agreement was reached between PBT's major unitholder SoftVest and Blackbeard, aiming to combine PBT with certain oil and natural gas mineral interests and land operations owned by …