New Mexico Regulator Orders Blackstone to Unwind TXNM Stock Buy

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 acquisition of the utility but also returned the commission’s focus to its review of the companies’ planned $11.5 billion buyout

Labor Weekly: Experts Weigh in After Supreme Court Ruling on NLRB Independence; Acting DOL Secretary Nominated to Permanent Post; House Democrats Probe NLRB GC’s Potential Amazon Conflicts; Confirmation Votes on New NLRB Members Delayed

Welcome to Labor Thursday, our weekly overview of competition and labor market issues. Key stories we’re following this week include: Supreme Court reversal on agency independence could stymie NLRB...

Jul 02, 2026 Read Now >

Financials Friday: SEC Chair Says Crypto Bank Deposits Coming Next Year; Landmark Illinois Law Requires Buy Now, Pay Later Lenders to Obtain Licenses; Banking Dems Call for Investigation into Fed Board Member Bowman; Warsh Teases Task Force Unveiling Next Week

Financials Friday is a weekly overview of financial news and analysis of the timing and priorities of key agencies including the Federal Reserve, OCC and FDIC. Key stories we’re following this week...

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Exclusive Dealing Claims Would Succeed More Often if Plaintiffs Test Longstanding Supreme Court Precedent, According to New Legal Paper

A paper looking at exclusive dealing found that the Supreme Court has never applied the rule of reason, the legal standard that only condemns anticompetitive conduct if its negative effects outweigh...

Jul 01, 2026 Read Now >

Blackstone/TXNM: New Mexico Utility Regulator Finds Blackstone Purchase of TXNM Stock Illegal as Focus Turns Again to Merger Review

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Labor Weekly: Experts Weigh in After Supreme Court Ruling on NLRB Independence; Acting DOL Secretary Nominated to Permanent Post; House Democrats Probe NLRB GC’s Potential Amazon Conflicts; Confirmation Votes on New NLRB Members Delayed

Financials Friday: SEC Chair Says Crypto Bank Deposits Coming Next Year; Landmark Illinois Law Requires Buy Now, Pay Later Lenders to Obtain Licenses; Banking Dems Call for Investigation into Fed Board Member Bowman; Warsh Teases Task Force Unveiling Next Week

Exclusive Dealing Claims Would Succeed More Often if Plaintiffs Test Longstanding Supreme Court Precedent, According to New Legal Paper

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