Avangrid (AGR) Declares $0.44 Quarterly Dividend; 3.8% Yield

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PNM Resources (PNM) Shareholders Overwhelmingly Approve Merger with Avangrid (AGR)

February 12, 2021 12:35 PM EST

PNM Resources, Inc. (NYSE: PNM) shareholders voted overwhelmingly to approve the merger agreement with AVANGRID, Inc. at a special shareholders meeting held earlier today. Under the terms of the proposed merger, PNM Resources shareholders will receive $50.30 in cash for each share of PNM Resources common stock held at closing.

"We are delighted by the overwhelming shareholder support of this merger,"... More