Txnm Energy INC Schedule 13D activist filings

Filed when an investor crosses five percent and intends to influence the company — the activist disclosure.

NYSE

24 May 2025

TXNM

SCHEDULE 13D: Blackstone-Affiliated Entities Announce $400 Million Strategic Investment in TXNM Energy, Inc. Ahead of Proposed $61.25 Per Share Cash Merger

Blackstone-affiliated entities, led by Troy TopCo LP, have acquired an 7.9% stake in TXNM Energy, Inc. for $400 million, paving the way for a full cash merger where remaining shareholders will receive $61.25 per share.