TXNM Energy, Blackstone Infrastructure Extend Merger Completion Date To May 31, 2027, To Obtain Regulatory Approvals

TXNM Energy
Blackstone Inc.

TXNM Energy

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Blackstone Inc.

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TXNM Energy (NYSE:TXNM) and Blackstone Infrastructure have extended the terms of their merger agreement under which Blackstone Infrastructure will acquire the outstanding common stock of TXNM Energy.

The termination date under the agreement has been extended to May 31, 2027, to allow for further time to obtain regulatory approvals.

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