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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates TGNA, NWE, BKH, TZUP on Behalf of Shareholders

1. Halper Sadeh LLC investigates BKH for potential securities law violations. 2. BKH to merge with NorthWestern Energy, shareholders to own 56% of combined entity. 3. Firm raises awareness about shareholder rights in proposed merger transaction.

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FAQ

Why Bullish?

The merger with NorthWestern Energy may enhance BKH's market position and overall valuation, as consolidation in the utility sector typically leads to increased efficiencies and potential revenue growth. Historical instances of utility mergers, such as Duke Energy's acquisition of Progress Energy, often resulted in favorable stock performance post-announcement.

How important is it?

Given the nature of the investigations related to fiduciary duties and the significant merger announcement, these factors can greatly affect stock sentiment and shareholder confidence in BKH.

Why Long Term?

The benefits of the merger are likely to materialize over time as the companies integrate operations and leverage combined assets, akin to how Dominion Energy benefited from its merger with SCANA over the subsequent years.

Related Companies

NEW YORK, Aug. 19, 2025 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

TEGNA Inc. (NYSE:TGNA)'s sale to Nexstar Media Group, Inc. for $22.00 per share in cash. If you are a TEGNA shareholder, click here to learn more about your legal rights and options.

NorthWestern Energy Group, Inc. (NASDAQ:NWE)'s sale to Black Hills Corp. for 0.98 shares of Black Hills for each share of NorthWestern. Upon completion of the proposed transaction, NorthWestern shareholders will own approximately 44% of the combined company. If you are a NorthWestern shareholder, click here to learn more about your rights and options.

Black Hills Corp. (NYSE:BKH)'s merger with NorthWestern Energy Group, Inc. Upon completion of the proposed transaction, Black Hills shareholders will own approximately 56% of the combined company. If you are a Black Hills shareholder, click here to learn more about your rights and options.

Thumzup Media Corporation (NASDAQ:TZUP)'s merger with Dogehash Technologies, Inc. Per the terms of the proposed transaction, Dogehash shareholders will exchange 100% of their holdings for 30.7 million shares of Thumzup stock. If you are a Thumzup shareholder, click here to learn more about your rights and options.

Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Halper Sadeh LLC

Daniel Sadeh, Esq.

Zachary Halper, Esq.

(212) 763-0060

sadeh@halpersadeh.com

zhalper@halpersadeh.com

https://www.halpersadeh.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/shareholder-investigation-halper-sadeh-llc-investigates-tgna-nwe-bkh-tzup-on-behalf-of-shareholders-302533512.html

SOURCE Halper Sadeh LLP

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