Ichan

Southwest Gas Spurns Icahn, Offers Dominion $2B for Questar Natural Gas Systems

Southwest Gas Spurns Icahn, Offers Dominion $2B for Questar Natural Gas Systems

Snubbing calls to quash the deal by activist investor Carl Icahn, Southwest Gas Holdings Inc. has offered to pay Dominion Energy Inc. nearly $2 billion for Questar Pipeline LLC, which includes a bundle of Rocky Mountain natural gas transmission assets. The Las Vegas holding company purchases, distributes and transports natural gas to more than two…

October 6, 2021