Activist Corvex could turn to a tried-and-true playbook to realize value at Southwest Gas
Publishing timestamp: 2023-11-11 06:44:58
Summary
Activist hedge fund Corvex is seeking discussions with Southwest Gas to unlock the value of the company's core utility franchises and its investment in Centuri Group. The article discusses the potential benefits of regulated utility companies, the involvement of Carl Icahn as the largest shareholder, and the possibility of a spin-off or sale of Southwest Gas.
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Tickers: SWX,
Keywords: southwest gas corp, business news, investment strategy, breaking news: investing, hedge funds,