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Icahn plans tender offer for Southwest Gas shares, board battle

10/14/2021 | 04:00pm EST

Oct 14 (Reuters) - Activist investor Carl Icahn said he plans to start a tender offer for shares in Southwest Gas Holdings Inc and launch a proxy battle against the gas distribution company.

The news comes a day after the company adopted a shareholder rights plan to thwart a push by Icahn to abandon Southwest's potential $2 billion deal to buy Questar Pipelines. (Reporting by Arathy S Nair in Bengaluru; Editing by Shailesh Kuber)


ę Reuters 2021
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