CKX Lands Agrees to $1 Billion Investment From Jacobs
CKX Lands agreed to a $1 billion cash investment from Jacobs Private Equity II and other investors. They are expected to own approximately 99.78% of the company after closing on an as-converted, as-exchanged basis.
CKX Lands agreed to a $1 billion cash investment from Jacobs Private Equity II and other investors, who are expected to own approximately 99.78% of the company on an as-converted, as-exchanged basis after closing. The investment includes preferred stock convertible into approximately 219 million sh…