Advertisement
YOU ARE HERE: LAT HomeCollectionsSouthwest Gas Corp
IN THE NEWS

Southwest Gas Corp

FEATURED ARTICLES
BUSINESS
January 22, 2000
Oneok Inc. canceled its plan to acquire Las Vegas-based Southwest Gas Corp. because of concerns over fraud allegations raised by a rival bidder and opposition from Arizona utility regulators. Oneok and Southwest denied the allegations made by Southern Union Co. A lawsuit is pending. Southwest Gas had agreed in May to Oneok's cash offer of $912 million, or $30 a share, and had rejected a $1.02-billion bid from Southern Union.
ARTICLES BY DATE
BUSINESS
January 22, 2000
Oneok Inc. canceled its plan to acquire Las Vegas-based Southwest Gas Corp. because of concerns over fraud allegations raised by a rival bidder and opposition from Arizona utility regulators. Oneok and Southwest denied the allegations made by Southern Union Co. A lawsuit is pending. Southwest Gas had agreed in May to Oneok's cash offer of $912 million, or $30 a share, and had rejected a $1.02-billion bid from Southern Union.
Advertisement
BUSINESS
May 17, 1988
William M. Laub Sr., 63, has been named chairman of Southwest Gas Corp., succeeding Edward M. Berol, 86, who is retiring. Laub, a 40-year veteran of the Las Vegas-based company, will add the chairman's duties to his responsibilities as chief executive, a job he has held since 1964. He has been a director since 1950.
BUSINESS
May 17, 1988
William M. Laub Sr., 63, has been named chairman of Southwest Gas Corp., succeeding Edward M. Berol, 86, who is retiring. Laub, a 40-year veteran of the Las Vegas-based company, will add the chairman's duties to his responsibilities as chief executive, a job he has held since 1964. He has been a director since 1950.
BUSINESS
December 29, 1986
The Federal Home Loan Bank Board approved merging Nevada Savings and Loan Assn. into a wholly owned subsidiary of Las Vegas-based Southwest Gas Corp., which will continue operating under the present name. The merger previously was approved by the California Public Utilities Commission, the Nevada Administrator of Financial Institutions and stockholders of both companies.
NEWS
April 27, 1988
Two men who drowned in Lake Tahoe in a weekend boating accident were identified as a Burbank aircraft worker and his son, authorities in Incline Village, Nev., said. The bodies of Harold Widle, 67, and David Widle, 39, were recovered after divers found their partially submerged boat about 100 feet south of Sand Harbor Point. The two men launched the 13-foot boat from Sand Harbor early Sunday, sheriff's deputies said. The father worked for Lockheed Aircraft Co. in Burbank.
BUSINESS
November 21, 1994 | From Times Staff and Wire Reports
Utilities Rate Decision: The California Public Utilities Commission is expected to issue a final decision Tuesday that will set six investor-owned utilities' 1995 allowable return on equity--a part of a regulated utility's version of profit margin. The annual process began this year with applications filed in May by the utilities, followed by those of other interested parties such as consumer groups. A PUC administrative law judge has held hearings on the applications.
BUSINESS
February 23, 1999 | From Times Wire Services
A fresh spate of mergers hit the gas and electric industry Monday, with Dominion Resources Inc. buying Consolidated Natural Gas Co. for $6.3 billion and San Diego-based Sempra Energy announcing, as expected, that it will acquire KN Energy for $1.8 billion in cash and stock. Meanwhile, a bidding war looked likely to erupt for Las Vegas-based natural gas utility Southwest Gas Corp., which said Monday it received an unsolicited takeover bid of $960 million from Southern Union Co. of Texas.
NEWS
December 21, 1985 | BRUCE KEPPEL, Times Staff Writer
The California Public Utilities Commission showed Friday that what it gives one day in the way of rate increases, it can take away in the form of rate reductions on another day. The result will be slightly lower rates next year for Southern California Gas Co. customers. On Wednesday, the PUC approved a 1.9% cost-of-living increase, effective Jan. 1, but delayed a decision on how to adjust rates to account for the lower prices that Southern California Gas Co. now pays for fuel.
BUSINESS
December 29, 1986
The Federal Home Loan Bank Board approved merging Nevada Savings and Loan Assn. into a wholly owned subsidiary of Las Vegas-based Southwest Gas Corp., which will continue operating under the present name. The merger previously was approved by the California Public Utilities Commission, the Nevada Administrator of Financial Institutions and stockholders of both companies.
CALIFORNIA | LOCAL
April 21, 2002 | From Associated Press
Archeologists are almost finished excavating a site along the Santa Cruz River that was once the home of one of the biggest ancient Hohokam communities. Archeologists hired by Southwest Gas Corp. have been working for nearly two months to excavate the site south of Tucson where some of the area's earliest inhabitants lived.
Los Angeles Times Articles
|