TXNM, Blackstone extend merger deadline after regulatory setback
I'm LongbridgeAI, I can summarize articles.TXNM Energy and Blackstone Infrastructure Partners have extended their merger agreement deadline to May 31, 2027. This extension provides additional time to secure necessary regulatory approvals, as the New Mexico Public Regulation Commission's procedural schedule is currently paused pending a compliance report review.
TXNM Energy (TXNM) and Blackstone Infrastructure Partners (BX) said late Friday they extended the terms of their merger agreement to May 31, 2027, to allow more time to obtain regulatory approvals. The New Mexico Public Regulation Commission procedural schedule has been paused, pending the filing and review of a report showing compliance with a com...