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Maddy Traveling
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Monday 09 November 2026 09:02:00 GMT
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LAKE CHARLES, La. — A Louisiana land company founded nearly a century ago is about to become the foundation of a billionaire’s next business empire. But the billion-dollar deal has little to do with developing the company’s thousands of acres in Southwest Louisiana. On November 9, billionaire entrepreneur Brad Jacobs announced an agreement to invest $1 billion into Lake Charles-based CKX Lands Inc., a publicly traded company that earns money from oil and gas royalties, timber sales and property leases. Jacobs has built major companies in equipment rentals, transportation, waste management and building-material distribution. His strategy involves entering fragmented industries and buying businesses to create much larger competitors. Now he’s preparing to repeat that strategy using CKX Lands. The unusual part? He hasn’t announced which industry he’s targeting. What Happens to CKX’s Louisiana Land? According to its 2025 annual report, CKX holds approximately 7,023 net acres across Louisiana, including 2,704 in Calcasieu Parish, 1,705 in Jefferson Davis, 957 in Beauregard and 272 in Cameron. Most of those holdings involve shared ownership interests. Under the proposed agreement, CKX’s existing land business is expected to remain in place while the company transforms into a platform for Jacobs’ next venture. Before the transaction closes, existing shareholders are expected to receive a combined $20.8 million cash dividend, equivalent to approximately $10.13 per share. The company would also convert from a Louisiana corporation into a Delaware corporation, adopt a new name and place Jacobs in control as chairman and CEO. The proposed investment is expected to close in early 2027, pending shareholder approval and other conditions. For Southwest Louisiana, the distinction is important. No billion-dollar construction project, local hiring initiative or industrial expansion has been announced. Instead, a company whose roots and property interests are firmly planted in Louisiana is preparing to become the starting point for a much larger national business. The land will remain in Southwest Louisiana. But the future of the company built around it is about to be decided on an entirely different scale. #invest #louisiana #lakecharles #industry #spacex
LAKE CHARLES, La. — A Louisiana land company founded nearly a century ago is about to become the foundation of a billionaire’s next business empire. But the billion-dollar deal has little to do with developing the company’s thousands of acres in Southwest Louisiana. On November 9, billionaire entrepreneur Brad Jacobs announced an agreement to invest $1 billion into Lake Charles-based CKX Lands Inc., a publicly traded company that earns money from oil and gas royalties, timber sales and property leases. Jacobs has built major companies in equipment rentals, transportation, waste management and building-material distribution. His strategy involves entering fragmented industries and buying businesses to create much larger competitors. Now he’s preparing to repeat that strategy using CKX Lands. The unusual part? He hasn’t announced which industry he’s targeting. What Happens to CKX’s Louisiana Land? According to its 2025 annual report, CKX holds approximately 7,023 net acres across Louisiana, including 2,704 in Calcasieu Parish, 1,705 in Jefferson Davis, 957 in Beauregard and 272 in Cameron. Most of those holdings involve shared ownership interests. Under the proposed agreement, CKX’s existing land business is expected to remain in place while the company transforms into a platform for Jacobs’ next venture. Before the transaction closes, existing shareholders are expected to receive a combined $20.8 million cash dividend, equivalent to approximately $10.13 per share. The company would also convert from a Louisiana corporation into a Delaware corporation, adopt a new name and place Jacobs in control as chairman and CEO. The proposed investment is expected to close in early 2027, pending shareholder approval and other conditions. For Southwest Louisiana, the distinction is important. No billion-dollar construction project, local hiring initiative or industrial expansion has been announced. Instead, a company whose roots and property interests are firmly planted in Louisiana is preparing to become the starting point for a much larger national business. The land will remain in Southwest Louisiana. But the future of the company built around it is about to be decided on an entirely different scale. #invest #louisiana #lakecharles #industry #spacex
Love this Halovida Hair Brush. The boar bristles are so soft and the brush itself is flexible. It easily detangles my hair and makes it look so soft and shiny giving that glass hair effect. #hairtools #silkbonnetforhealthyhair #bouncecurlbrushreview #automatichaircurlerreview #curlbrushreview
Love this Halovida Hair Brush. The boar bristles are so soft and the brush itself is flexible. It easily detangles my hair and makes it look so soft and shiny giving that glass hair effect. #hairtools #silkbonnetforhealthyhair #bouncecurlbrushreview #automatichaircurlerreview #curlbrushreview
كن صادقاً في حياتك … #خواطر #عبارات #ترند #اكسبلور #كلام_من_القلب
كن صادقاً في حياتك … #خواطر #عبارات #ترند #اكسبلور #كلام_من_القلب
سليمة بسيكولوق#تيك_توك_عرب #virral #vir #vi #foruyou
سليمة بسيكولوق#تيك_توك_عرب #virral #vir #vi #foruyou
#ungu #fypシ #4u
#ungu #fypシ #4u


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