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Southwest Airlines Newsroom
Airline Stock Roundup: AAL's Deal With ZeroAvia, RYAAY's Upbeat June Traffic
Relief for Airline Stocks as July Fourth Weekend Set to Break Travel Records
Holiday delays and cancellations were minimal as hurricane Beryl raged past Jamaica
News Highlights: Top Company News of the Day - Wednesday at 5 PM ET
Saks Owner to Buy Neiman Marcus, With Help From Amazon Retail rivals strike a $2.65 billion merger as they seek to gain scale against luxury brands. Wall Street's Biggest Bear Is Leaving JPMorgan Ch
Southwest's Gary Kelly Flew the Company Through Pandemic Turbulence, but Will an Activist Attack Bring It All Crashing Down?
Quest Diagnostics, Southwest Airlines Rise; Simulations Plus Falls, Wednesday, 7/3/2024
Top Midday Stories: Southwest Board Approves Shareholder Rights Plan; National Amusements Agrees to Preliminary Deal to Sell Paramount to Skydance; Ozempic, Wegovy Linked to Blinding Eye Condition, Study Says
The S&P 500 and the Nasdaq Composite were both up in late-morning trading Wednesday while the Dow Jones Industrial Average was down as investors prepare for another big jobs report Friday. In company
ADP Jobs Data, Constellation Brands, Summer Gas Prices: Morning Brief
Southwest Airlines to Adopt Plan to Fend of Activist Investors
Stocks to Watch Wednesday: Paramount, Tesla, Constellation Brands -- WSJ
By Angus Berwick Paramount Global (PARA): Skydance Media reached a preliminary agreement to buy National Amusements and merge with Paramount, rekindling deal talks. Paramount stock jumped 8.6% after
Express News | Southwest Airlines Shares up About 1% as Co Adopts 'poison Pill' After Elliott Pushes for Changes
Southwest Airlines Fights Back Against Activist Investor With Poison Pill -- Barrons.com
By Brian Swint Southwest Airlines said it has adopted a shareholder-rights plan to make it harder for activist Elliott Investment Management to build a controlling stake in the firm. The plan gives
'Poison Pill' Activated: Southwest Airlines Counters Elliott Investment's Move With Defense Strategy
Southwest Airlines Company (NYSE:LUV) has implemented a limited-duration shareholder rights plan in response to an 11% stake by Elliott Investment Management.Gary Kelly, Executive Chairman of the Boar
Southwest Airlines adopts a "poison pill plan" to prevent hostile takeovers by radical investors.
On July 3rd, Golonghui reported that after activist investor Elliott Investment Management pushed for change in the company, Southwest Airlines decided to adopt a "poison pill plan." The company issued one right for each ordinary share. These rights will be traded with the ordinary shares of the airline. If any individual or group acquires more than 12.5% of the company's shares, they can exercise these rights. The shareholder rights plan is called a "poison pill" and is used by corporate boards of directors to prevent hostile takeover bids. Southwest Airlines' CEO Kelly issued a statement since the initial investment.
Southwest Starts Rights Plan in Response to Elliott Taking Stake
Southwest Airlines Co. has adopted a shareholder rights plan to defend against a push for a leadership overhaul by activist firm Elliott Investment Management.
Express News | Southwest Airlines Co: Issuing One Right for Each Share of Common Stock
Express News | Southwest Airlines: Rights to Initially Trade With Common Stock, Become Exercisable Only IF Party Buys 12.5% or More of Co's Outstanding Common Stock
Southwest Airlines Adopts Poison Pill After Elliott Pushes for Changes
Express News | Southwest Airlines Co: Adopted Rights Plan in Response Significant Accumulation by Elliott Investment Management
Express News | Southwest Airlines Co - Rights Plan Is Effective Immediately and Will Expire in One Year
Express News | Southwest Airlines Adopts Limited-Duration Shareholder Rights Plan