Blackstone/TXNM: New Mexico Utility Regulator Finds Blackstone Purchase of TXNM Stock Illegal as Focus Turns Again to Merger Review
The New Mexico utility regulator’s order today that Blackstone (BX) unwind a $400 million purchase of TXNM Energy’s (TXNM) stock complicated the private equity firm’s financing of its proposed...
Jul 02, 2026
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