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Blackstone Keeps Illegal Dividends | Santa Fe News
Published 1 week, 3 days ago
Description
Blackstone is facing major backlash in New Mexico after keeping $13 million in illegal dividends from a voided stock deal involving TXNM Energy, despite regulators ordering the transaction undone and fining the companies $300K — critics say profiting from an unlawful deal is unacceptable.
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