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Southwest Gas Holdings, Inc. (SWX)

NYSE - Nasdaq Real Time Price. Currency in USD
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92.94-0.30 (-0.32%)
As of 01:18PM EDT. Market open.
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  • O
    Oliver
    Carl won..............shareholders win............
  • d
    doug
    I had tendered my shares, but I cancelled that after Icahn didn't increase his offer. I didn't like the idea of selling them to him for $82.50 when the market is $88+. We'll see how things go
  • Y
    Yahoo Finance Insights
    Southwest Gas reached a 52 Week high at 85.24
  • Y
    Yahoo Finance Insights
    Southwest Gas is up 5.13% to 87.78
  • O
    Oliver
    Ever get the feeling Hester & the boys don't want Icahn to take over for some reason? I have had to receive at least 20 lbs of mail from SWX pleading to vote in their favor, which I wont........
  • J
    Jan
    Management says Carl's bid too low , agrees it worth way more than 82.50, then prices offering at 74? I am confused. Less than half of what it's worth?
  • T
    Thomas
    Carl Icahn says swx is worth $114 to $160, on CNBC
  • Y
    Yahoo Finance Insights
    Southwest Gas reached a 52 Week high at 91.67
  • W
    Winorlose
    Never buy PEAK! They pull stunts many times!
    NEVER take the bait!!!
  • J
    John
    Do not understand why price is not higher based on offer of $83/share?
  • J
    Jan
    Just shows you the owners, shareholders, have no say. Greedy management doesn't want to lose their gravy train. Hope Carl shoves it up their #$%$
  • K
    Kenneth
    Now he's offering 83
  • A
    Anonymous
    82.50 offer extended through 4/22
  • Y
    Yahoo Finance Insights
    Southwest Gas reached a 52 Week high at 81.91
  • Y
    Yahoo Finance Insights
    Southwest Gas is up 4.91% to 91.96
  • d
    doug
    Icahn's offer of $75.00 doesn't look so good today when SWX is trading for $74.50. He needs to raise his offer to at least $85.00.
  • d
    david
    I'm not sure why Carl is so against this pipeline transaction. southwest is getting the assets for about 900 mil/mile plus terminal assets. Currently it costs 3 million per mile to build a major pipeline including cost of pipe, labor, permitting, legal fees, and land purchase / right of way. Sounds like a very reasonable price to me if I am looking at the transaction correctly.

    So why is this stock languishing after the deal announcement. I don't care for the stock dilution part of raising the 2 billion. Somehow I think debt would be a better choice, especially with interest rates so low. with Questar gas to be a stand alone company why have the rest of investors foot the bill.

    Personally I think that Icahn doesn't have a chance of stopping the transaction but it does look like he is trying to get SWX to come up with some substantive ways to increase the share price. Also note that Mario Gabbelli also owns a large number of shares. Both Icahn and Gabbelli agree that the Construction/Repair part of the business should be spun off and would create shareholder value.

    Curbie2
  • d
    doug
    Carl isn't doing shareholders like me any favors. I am retired and own the company for the dividend checks. I don't want to sell and if I do I will pay a big capital gains tax and it will be difficult to replace the income with the money left after taxes.
  • M
    Mike
    I am looking for Icahn to fix this company. How the hell is revenue in the billions every year but profits are barely in the millions. Either prices need to go up or there is some real big money drains in the company not really pulling their wage. Fire the 12 floors and fix this company.
  • F
    Fish
    Go Carl Go….