Proposed $11.5 billion acquisition of PNM continues to face opposition

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ALBUQUERQUE, N.M. (KRQE) – It’s a multi-billion-dollar potential buyout of New Mexico’s largest electric company facing a lot of opposition. The proposed acquisition between PNM and Blackstone remains paused after state regulators found PNM broke state law by doing a stock transaction without proper approval. Several people stood in unison saying they don’t want PNM to […]



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