Southwest Gas Pushes Back on Carl Icahn bid with Review of Sale Alternatives - Las Vegas Review -BoardProspects

Southwest Gas Pushes Back on Carl Icahn bid with Review of Sale Alternatives

Las Vegas Review Apr 19 2022 BoardNews

Southwest Gas Holdings Inc. announced Monday its board of directors will review a range of strategic alternatives to Carl Icahn’s unsolicited buyout attempt. Shareholders of the Las Vegas-based utility showed their approval of the utility’s move aimed at maximizing shareholder value...
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Quotes
1. As a board, we determined that the best path forward is to explore a range of strategic alternatives, including a sale of the company, to maximize the value of the company on behalf of all of our stockholders.
2. However, the purchase of Questar you are currently being rumored to make at the price you are willing to pay will make all past errors pale in comparison.
Topics Mentioned
- Board of Directors
- Board
- Stock
- Twitter
- California
- Carl Icahn
- Sale
- New York Stock Exchange
- Icahn
- Lazard
- Shareholder
- Southwest gas
- York
- stake
- shareholder value