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fineproxy.org

fineproxy.org

14 october (reuters) - activist investor carl icahn said on thursday that he plans to launch a tender offer for shares of southwest gas holdings inc and will begin the battle for replacement of directors on the board of directors of a gas distribution company hiden proxy servers - fineproxy. Icahn's decision was made a couple of days later as soon as the company adopted a plan to protect shareholders' rights in order to prevent the investor's desire to exclude southwest gas from an interesting $2 billion sale deal questar pipelines. Icahn enterprises intends to initiate a tender announcement for the shares of southwest being laid out at a price of $75.00 per share in cash, according to an open letter. https://bit.Ly/3vccz0y for the shareholders of the company. According to the letter, he will also launch a proxy contest to elect the full board of directors at the corporation's annual shareholders' meeting in 2022. Southwest gas did not immediately respond to a reuters request for reviews. Earlier in the day, the company agreed to acquire questar pipeline co, a gas delivery and conservation firm owned by dominion energy inc, in an all-cash transaction. Carl icahn, who owns a significant stake in southwest gas, has since been pushing the company to forget about a potential purchase and instead focus on raising the price of its shares. Earlier, icahn said that southwest gas is trading below its predecessors, and financial performance is constrained by high costs and poor relations with regulators. Icahn also questioned there whether the company's board of directors should hold management accountable, due to the fact that most directors have been working for more than several decades. Southwest said that questar will provide “significant financial and strategic advantages to the firm, shareholders, specialists and partners.” (Reporting by arathi s. Nair in bangalore; editing by shailesh kuber)

fineproxy.org.txt · Last modified: 2022/06/28 07:41 by 188.130.128.138