Southwest gas holdings to review revised unsolicited tender offer

Advises stockholders to take no action at this time las vegas , march 14, 2022 /prnewswire/ -- southwest gas holdings, inc. (nyse: swx) ("southwest gas" or the "company") today confirmed that icahn enterprises lp ("icahn") has revised its unsolicited tender offer to acquire any and all outstanding shares of southwest gas for $82.50 per share in cash. on november 9, 2021, the southwest gas board unanimously determined that the previous unsolicited, highly conditional and illusory tender offer from icahn to acquire any and all outstanding common shares of the company for $75.00 per share in cash was inadequate, undervalued the company, was structurally coercive and was not in the best interests of all stockholders.
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