 |
Joele Frank, Wilkinson Brimmer Katcher represents Southwest Gas Holdings as the Las Vegas-based company seeks to fend off a takeover bid by corporate raider Carl Icahn.
The billionaire investor opposes Southwest’s proposed $2B acquisition of Questar Pipeline Co. from Dominion Energy.
His Icahn Enterprises LP. has offered to buy Southwest for $75 per share and threatened a proxy fight at the 2022 annual meeting.
Southwest on Nov. 15 rejected Icahn’s “unsolicited, inadequate, structurally coercive, highly conditional and illusory tender offer.”
It promised to review Icahn’s slate of board nominees and announce the date of the annual meeting in due course.
Southwest, which serves Arizona, California and Nevada, generated $3.5B in revenues and $234M in net income for the year ended Sept. 30.
JFWBK’s Dan Katcher and Tim Lynch handle Southwest Gas.
Edelman handles Viking Holdings, the river and ocean luxury cruise line that plans to raise $1B via an IPO priced in the $21 to $25 per share range.
Teneo is handling the initial public offering of CVC Capital Partners, one of Europe’s largest private equity firms with nearly $200B in assets under management.
Brunswick Group represents Endeavor Group Holdings as it agrees to go private via its acquisition by Silver Lake technology investment firm, which is handled by Edelman Smithfield.
Tod Donhauser, a nine-year veteran of Edelman, has joined H/Advisors Abernathy as managing director and head of its San Francisco office.
Have a comment? Send it to 
No comments have been submitted for this story yet.