Carl Icahn Holds Significant Stake in Southwest Gas, Opposes Planned Deal


Carl Icahn has a major stake in Southwest Fuel Holdings Inc. and is pushing the Nevada utility to desert a deliberate acquisition and deal with enhancing its share value as a substitute, he mentioned in a letter to the corporate this week.

The letter was despatched to Southwest’s board Monday, a day after a report that the corporate may full a deal to purchase Dominion Vitality Inc.’s Questar Pipeline Co. Southwest, which has a market worth of roughly $4.2 billion, agreed to purchase the corporate for $1.975 billion together with debt Tuesday afternoon. | Carl Icahn Holds Vital Stake in Southwest Fuel, Opposes Deliberate Deal


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