TXNM Energy, Blackstone Infrastructure Extend Merger Completion Date To May 31, 2027, To Obtain Regulatory Approvals
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
Two big companies agreed to take more time—until May 2027—to finish their merger deal while they wait for government approval. This delay is pretty normal, so it tells us the deal is still on track, just moving slower than expected.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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