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Southwest Gas Corp announces holding company structure

Wednesday, 28 Dec 2016 06:00am EST

Southwest Gas Corp : Announces holding company structure . Approval by its board of directors to implement previously proposed holding company structure, effective January 1, 2017 . No material operational or financial impacts are expected. . Southwest Gas Corp's shareholders will automatically become shareholders of Southwest Gas Holdings, on a one-for-one basis . "Reorganization is designed to provide further separation between Southwest's regulated and unregulated businesses" . Holding company will be named Southwest Gas Holdings, and will be traded on New York Stock Exchange under same ticker symbol, SWX .Southwest Gas Corporation, Centuri Construction Group,their respective subsidiaries, will become subsidiaries of Southwest Gas Holdings.

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