Southwest Gas rejects Icahn's raised takeover offer as undervalued

Mar. 28, 2022 8:13 AM ETSouthwest Gas Holdings, Inc. (SWX), IEPBy: Carl Surran, SA News Editor8 Comments

The New York Times 2015 DealBook Conference

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Southwest Gas Holdings (NYSE:SWX) says its board unanimously rejected Carl Icahn's increased $82.50/share offer, calling it "inadequate, structurally coercive, highly conditional, undervalues the company, and is not in the best interests of all of its stockholders."

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