Carl Icahn Recommends Southwest Gas Sell Centuri Group
What’s New In Activism: Carl Icahn vs SWXCarl Icahn recommended Southwest Gas Holdings Inc (NYSE:SWX) sell its construction business, Centuri Group, while continuing to call for the utility to abandon a planned pipeline deal. Q3 2021 hedge fund letters, conferences and more "If SWX really wanted to improve its balance sheet, it would cancel this absurd acquisition, sell Centuri, and use a portion of the proceeds to improve the balance sheet, allocating some portion of the proceeds towards the funding of future growth," wrote Icahn, in an October 20 open letter. The 4.9% shareholder previously ...