NEW YORK, Oct. 21, 2020 /PRNewswire/ -- Rowley Law
PLLC is investigating potential securities law violations by PNM
Resources (NYSE: PNM) and its board of directors concerning the
proposed acquisition of the company by AVANGRID (NYSE: AGR).
Stockholders will receive $50.30 for
each share of PNM Resources stock that they hold. The transaction
is valued at approximately $4.3
billion and is expected to close in the fourth quarter of
2021.
If you are a stockholder of PNM Resources and are interested in
obtaining additional information regarding this investigation,
please visit us at:
http://www.rowleylawpllc.com/investigation/pnm/. You
may also contact Shane Rowley, Esq.
at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at
info@rowleylawpllc.com, or by telephone at 914-400-1920 or
844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class
actions and derivative lawsuits in complex corporate litigation.
For more information about the firm and its attorneys, please visit
http://www.rowleylawpllc.com.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
View original
content:http://www.prnewswire.com/news-releases/alert-rowley-law-pllc-is-investigating-proposed-acquisition-of-pnm-resources-301157200.html
SOURCE Rowley Law PLLC