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5 dni temu · Southwest Airlines has adopted a ‘poison pill’ following activist investor Elliott Investment Management taking a significant stake in the company. The airline said Wednesday that the shareholder rights plan is effective immediately and expires in a year. Southwest shareholders would need to give prior approval for an extension.
5 dni temu · Southwest Airlines adopted a so-called "poison pill" to deter Elliott Investment Management from raising its stake in the carrier after the activist investor called for leadership changes ...
5 dni temu · Southwest Airlines has adopted a ‘poison pill’ following activist investor Elliott Investment Management taking a significant stake in the company. The airline said Wednesday, July 3, 2024, that the shareholder rights plan is effective immediately and expires in a year.
5 dni temu · Commonly known as a “poison pill,” the plan aims to dissuade what Southwest called “de facto or negative control” of the airline without compensating other shareholders, the airline said ...
5 dni temu · Southwest Airlines Chairman of the Board Gary Kelly said Wednesday that a 'poison pill' shareholder rights plan adopted by the board is a prudent response to Elliott Investments gaining more ...
5 dni temu · Shares of Southwest Airlines (LUV) ticked up Wednesday morning after the company announced it will implement a shareholder rights plan to fend off activist investor firm Elliott Management. This ...
5 dni temu · Southwest is adopting a shareholder rights plan — known as a “poison pill” — to fend off Elliott from attaining a controlling stake in the company.
