CNBC on Texas Pacific Land Trust
Deal business is back in full another deal under way here. Ims health, the ticker on that is rx, is being acquired by tpg. That's TEXAS PACIFIC group. Cpp investment and board for $22 a share, plus cash. The total value of that deal, $5.2 billion, including the assumption of debt, of course. It says it's a subject to regulatory approval and shareholder approval. Again, the ticker is rx ims health, provider of intelligence to pharmaceutical and health
In Trusts Should We Trust?
Royalty trusts offer fat yields, but investors must understand they're not like regular stocks.