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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.
6 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 ...
6 dni temu · In a statement, Southwest Airlines said Wednesday that Elliott "has made regulatory filings with U.S. antitrust authorities that would provide it the flexibility to acquire a significantly...
5 dni temu · Southwest’s stock prices have fallen about 50% in the last three years, similar to that of cross-town rival American Airlines. Southwest’s stock price jumped 7% on the day Elliott announced ...
6 dni temu · Southwest Airlines (NYSE: LUV) is in the news Wednesday after the airline company adopted a poison pill plan. Let’s go over everything investors need to know about this poison pill plan...
6 dni temu · During COVID, with the airline facing a 97% drop in traffic, Kelly implemented an ambitious growth plan that stewarded Southwest through the worst of the pandemic. Now the longtime executive is...
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 ...
