Southwest Gas Holdings, Inc. (SWX) and activist investor Carl Icahn have reached an amended cooperation agreement, which includes the appointment of Icahn designees to the company’s board committees. This agreement has implications for Southwest Gas’s future strategic decisions and could influence share price performance. We analyze the agreement’s details, its potential impact on Southwest Gas’s stock, and provide insights for investors.
Braemar Hotels & Resorts Inc. has reached an agreement with Blackwells Capital LLC, resolving a shareholder dispute. As part of the agreement, Blackwells will withdraw its director nomination and cease soliciting proxies. Braemar will appoint a new independent director to its board, considering Blackwells’ input. Both parties have agreed to release all legal claims and dismiss their respective actions.
