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3 dni temu · Southwest Airlines Co. said it’s adopted a rights plan that aims to prevent what it called “de facto or negative control” of the airline without compensating other shareholders, responding ...
3 dni temu · Southwest Airlines has adopted a ‘poison pill’ following activist investor Elliott Investment Management taking a significant stake in the company.
3 dni temu · DALLAS, July 3, 2024 /PRNewswire/ -- The Southwest Airlines Co. (NYSE: LUV) Board of Directors today announced that it has approved the adoption of a limited-duration Shareholder rights plan ("Rights Plan"). The Rights Plan is effective immediately and will expire in one year.
3 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.
3 dni temu · Southwest Airlines Co. has adopted a shareholder rights plan to defend against a push for a leadership overhaul by activist firm Elliott Investment Management.
3 dni temu · Armed poison pill Southwest Airlines detailed that when the rights plan will impose “significant dilution” once any person or group purchases 12.5% or more of the airline’s shares without the prior approval of the board, with the owner of such an economic interest in the company becoming the ‘acquiring person.’. As a result, they would be unable to exercise their shares, which ...
3 dni temu · A Southwest Airlines jet is parked Ellison Onizuka Kona International Airport at Kehole awaiting passengers on January 20, 2024 in Kailua-Kona, Hawaii. Southwest Airlines has adopted a...
