Kahn Swick & Foti Investigates Fairness of TXNM Energy Sale to Blackstone

NEW YORK AND NEW ORLEANS — The law firm of Kahn Swick & Foti, LLC, led by former Louisiana Attorney General Charles C. Foti, Jr., is examining the proposed acquisition of TXNM Energy, Inc. (NYSE: TXNM) by Blackstone Infrastructure. Under the deal, TXNM shareholders are set to receive $61.25 in cash per share. KSF aims to assess whether this offer fairly reflects the company's value and if the process leading to this deal was appropriate. They are concerned that the consideration might undervalue TXNM. Shareholders who believe the transaction undervalues the company or wish to explore their legal options can contact KSF Managing Partner Lewis S. Kahn at [email protected] or call toll-free at 855-768-1857. Additional information is available at https://www.ksfcounsel.com/cases/nyse-txnm/. Learn more about KSF, which includes partners like the former Louisiana Attorney General, by visiting www.ksfcounsel.com. Kahn Swick & Foti, LLC 1100 Poydras Street, Suite 960 New Orleans, LA 70163 Contact: Lewis S. Kahn Email: [email protected] Phone: 855-768-1857