Southwest gas board determines best path to maximize stockholder value: conclude strategic alternatives review process for southwest gas holdings and southwest gas corporation and advance process for centuri and mountainwest

Las vegas , aug. 3, 2022 /prnewswire/ -- southwest gas holdings, inc. (nyse: swx) ("southwest gas" or the "company") today provided an update on the company's ongoing strategic alternatives process that was initiated on april 18, 2022. the southwest gas board of directors (the "board") has unanimously determined that the best path forward to maximize value for all stockholders is to: focus on the execution of the strategic plan and conclude the strategic review process for southwest gas and southwest gas corporation; continue to review strategic alternatives for mountainwest pipelines holding company ("mountainwest"); and continue to review strategic alternatives for centuri group, inc. ("centuri"), including a sale or a spin-off of centuri.
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