Johnson Fistel Investigates Fairness of Proposed Sale of TXNM Energy, Inc.

/EIN News/ -- SAN DIEGO, May 20, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP has launched an investigation into whether the board members of TXNM Energy, Inc. (NYSE: TXNM) breached their fiduciary duties in connection with the proposed sale of the Company to Blackstone Infrastructure.

On May 19, 2025, TXNM Energy announced it had entered into a definitive agreement with Blackstone to acquire all outstanding shares in a go-private transaction, offering shareholders $61.25 per share in cash.

You can click or copy and paste the following link to join this investigation: https://www.johnsonfistel.com/investigations/txnm-energy-inc

If you are a shareholder of TXNM Energy and believe the proposed buyout price is too low or if you're interested in learning more about the investigation, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number.

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Contact:
Johnson Fistel, PLLP
501 W. Broadway, Suite 800, San Diego, CA 92101
James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471
jimb@johnsonfistel.com or fjohnson@johnsonfistel.com