TXNM Energy shareholders approve Blackstone Infrastructure acquisition

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TXNM Energy Shareholders Overwhelmingly Approve Acquisition by Blackstone Infrastructure

August 28, 2025 4:15 PM EDT

ALBUQUERQUE, N.M., Aug. 28, 2025 /PRNewswire/ -- TXNM Energy (NYSE: TXNM) shareholders voted overwhelmingly to approve the agreement under which Blackstone Infrastructure will acquire TXNM Energy at a special shareholders meeting held earlier today. Under the terms of the proposed agreement, TXNM Energy shareholders will receive $61.25 in cash for each share of TXNM Energy common stock held at... More