secwatch.observer — SEC 8-K summary
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Issuer:     Southwest Gas Holdings, Inc. (SWX)
CIK:        0001692115
Form:       8-K
Filed at:   2021-11-09T23:59:59+00:00
Accession:  0001193125-21-324671
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Southwest Gas Board adds two directors, unanimously rejects Icahn's $75/share tender offer
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- Board appointed E. Renae Conley and Carlos A. Ruisanchez as independent directors effective Jan 1, 2022; Melarkey and Comer to retire at 2022 annual meeting.
- Robert L. Boughner to succeed Melarkey as Chair; Board will be 10 directors, 9 independent after retirements.
- Board unanimously recommends stockholders reject Icahn's $75/share tender offer, deeming it inadequate, coercive, and highly conditional.
- Board cites 7.5% annual ratebase growth, Questar Pipelines acquisition, and Centuri's expansion as key value drivers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692115/000119312521324671/0001193125-21-324671-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692115/000119312521324671/d231425d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-324671

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