Billionaire Investor Carl Icahn, Southwest Gas Amend Cooperation Agreement

According to SEC filings, Southwest Gas Holdings, Inc. (NYSE:SWX) and activist investor Carl Icahn have entered into an amended and restated cooperation agreement. 

The Details: The updated cooperation agreement provides for participation by the Icahn designees, Andrew W. Evans, Henry P. Linginfelter, Ruby Sharma and Andrew J. Teno, in the Strategic Transactions Committee and the other committees of the board.

Southwest Gas agreed with the Icahn Group to nominate the Icahn designees for election at the company's 2025 annual meeting of stockholders. The amended agreement also provides standstill restrictions on the Icahn Group. 

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