PHOENIX, Aug. 7 /PRNewswire-FirstCall/ -- Southern Union Company
(NYSE: SUG) and Southwest Gas Corporation (NYSE: SWX) announced today that
they have settled all claims against each other related to the merger
litigation pending between them in U.S. District Court in Phoenix, Arizona.
Southwest will pay Southern Union $17.5 million in the settlement. Both
parties will continue to pursue their respective claims against ONEOK
Trial of Southern Union's and Southwest's claims against ONEOK is
scheduled to commence in Phoenix on October 15, 2002.
MAKE YOUR OPINION COUNT - Click Here
SOURCE Southwest Gas Corporation
Web site: http: //www.swgas.com
CONTACT: Michael J. O'Connor, +1-602-262-5889; or Thomas R. Sheets, +1-702-876-7337, both for Southwest Gas Corporation