NEW MEXICO (KRQE) – The proposed acquisition of New Mexico’s largest electric utility has hit a bump in the road. State regulators have ruled that a stock deal between PNM and private equity firm Blackstone broke state law. PNM customers filled a Public Regulation Commission hearing voicing their opposition to the merger. Thursday’s decision does not affect […]
Source link
New Mexico regulators order Blackstone and PNM's parent company to undo $400M stock transaction
Date:
More like thisRelated
Digi to Launch IPO for Spanish Unit
The telecommunications operator plans to launch an initial public...
Q Taylor gets early Cowboy Christmas boost with Ponoka win
Q Taylor is building his case for being one...
July Fourth celebrations commence and Folarin Balogun’s red card sparks debate: Morning Rundown
The U.S. begins a weekend of 250th birthday celebrations...
Search for bank robbery suspect in Clovis
Federal investigators and the Clovis Police Department are asking...