PERMIAN BASIN ROYALTY TRUST ANNOUNCES NOTICE OF COMBINATION AGREEMENT BETWEEN SOFTVEST AND BLACKBEARD WITH RESPECT TO THE TRUST
Permian Basin Royalty Trust announced that SoftVest, a unitholder, has entered a Combination Agreement with Blackbeard Holdings to merge the Trust's assets with Blackbeard's oil and natural gas interests into a new public entity, PBT Land and Minerals, Inc. The proposed transaction is subject …