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

Carl Icahn has a significant stake in Southwest Gas Holdings Inc. and is pushing the Nevada utility to abandon a potential acquisition and focus on improving its share price instead, according to a letter he sent to the company that was viewed by The Wall Street Journal.

The letter was sent to Southwest’s board Monday, a day after a Reuters report that the company could complete a deal to buy Dominion Energy Inc.’s Questar Pipeline Co. for around $2 billion including debt as soon as this week.

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Source:" WSJ "

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