SoftVest Requests Permian Basin Royalty Trust Special Meeting on Business Combination
Bitget2026/10/23 20:20- Permian Basin Royalty Trust received a special meeting request from SoftVest Advisors and other holders owning more than 15% of outstanding Units.
- Trustee Argent Trust intends to call the meeting for November 23, 2026, with an October 13, 2026, record date.
- Unitholders would vote on a Trust Indenture amendment to effect the business combination under the Combination Agreement.
- Other proposals cover PBT Land and Minerals’ omnibus incentive plan and a potential adjournment to solicit additional proxies.
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