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TXNM Shareholders Approves Acquisition by Blackstone Infrastructure
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TXNM Shareholders Approves Acquisition by Blackstone Infrastructure
Aug 28, 2025 2:36 PM

05:00 PM EDT, 08/28/2025 (MT Newswires) -- TXNM Energy ( TXNM ) said late Thursday that its shareholders have approved the acquisition of the company by Blackstone Infrastructure at a special shareholders meeting.

TXNM said its shareholders will receive $61.25 in cash for each share held at closing. It expects to close the deal in H2 of 2026.

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