Blackstone stock purchase may have violated New Mexico state law
May 05, 2026
May 05, 2026
CHICAGO, Illinois, May 5 [Category: Business] -- The Private Equity Stakeholder Project issued the following news:
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Blackstone stock purchase may have violated New Mexico state law
Blackstone's application to the New Mexico Public Regulatory Commission (NM PRC) to acquire TXNM, the parent company of New Mexico-utility Public Service Company of New Mexico (PNM), disclosed that the firm purchased over $400 million worth of TXNM stock, which c losed . . .
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Blackstone stock purchase may have violated New Mexico state law
Blackstone's application to the New Mexico Public Regulatory Commission (NM PRC) to acquire TXNM, the parent company of New Mexico-utility Public Service Company of New Mexico (PNM), disclosed that the firm purchased over $400 million worth of TXNM stock, which c losed . . .