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

1. Investigation launched into TXNM Energy's board fiduciary duties. 2. TXNM's proposed sale to Blackstone Infrastructure offers $61.25 per share. 3. Concerns raised about potential undervaluation in buyout offer. 4. Shareholders encouraged to evaluate the legitimacy of the proposal. 5. Johnson Fistel is known for advocating investor rights.

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FAQ

Why Bearish?

Concerns over fiduciary duty and undervaluation could lead to price uncertainty, similar to previous cases where board actions were challenged, leading to stock volatility.

How important is it?

The investigation and potential legal ramifications are significant for TXNM's share price; investor sentiment could shift rapidly.

Why Short Term?

The investigation may create immediate concerns among investors, similar to instances where pending investigations affected stock prices temporarily.

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SAN DIEGO, Aug. 28, 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. About Johnson Fistel, PLLP | Top Law Firm for Securities Fraud and Investors Rights:Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. We also extend our services to foreign investors who have purchased on US exchanges. Stay informed about stock-related developments and learn how Johnson Fistel, PLLP may help you recover investment losses. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Achievements: In 2024, Johnson Fistel was honored to be ranked in the Top 10 Plaintiff Law Firms by the ISS Securities Class Action Services. This recognition underscores our effectiveness in advocating for investors, having recovered approximately $90,725,000 for aggrieved clients in cases where we served as lead or co-lead counsel. This notable accomplishment marks the eighth occasion our firm has been recognized as a top plaintiffs’ securities law firm in the United States, as determined by the total dollar value of final recoveries. Attorney advertising.Past results do not guarantee future outcomes.Services may be performed by attorneys in any of our offices.Johnson Fistel, PLLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content. Contact: Johnson Fistel, PLLP501 W. Broadway, Suite 800, San Diego, CA 92101James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471jimb@johnsonfistel.com or fjohnson@johnsonfistel.com 

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