TXNM Energy shareholders approve Blackstone acquisition

1 week ago 2
Electricity poles and electric power transmission lines against vibrant orange sky at sunset on a hot day with flickering air. High Voltage towers provide power supply over a long distance.

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TXNM Energy (NYSE:TXNM) said shareholders voted overwhelmingly to approve Blackstone Infrastructure's $11.5B acquisition of the company at a special shareholders meeting held Thursday.

Under the terms of the proposed agreement, TXNM Energy (NYSE:TXNM) shareholders will receive $61.25 in cash for each

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