Southwest Gas Holdings And Carl Icahn Entered Into Amended And Restated Cooperation Agreement; Amended Agreement Provides Standstill Restrictions On Icahn Group; Company Agreed To Nominate Four Icahn Designees For 2025 Annual Meeting Of Stockholders
Portfolio Pulse from Benzinga Newsdesk
Southwest Gas Holdings and Carl Icahn have amended their cooperation agreement, which includes standstill restrictions on the Icahn Group. The company will nominate four Icahn designees for the 2025 annual meeting of stockholders.
October 15, 2024 | 8:17 pm
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Southwest Gas Holdings has entered into an amended cooperation agreement with Carl Icahn, which includes standstill restrictions on the Icahn Group. The company will nominate four Icahn designees for the 2025 annual meeting of stockholders.
The amended agreement with Carl Icahn, a significant investor, suggests a more stable relationship and potential strategic alignment, which could positively impact investor sentiment and SWX's stock price in the short term.
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