Southwest Airlines has adopted a “poison pill” plan to prevent activist investor Elliott Investment Management from gaining ...

Key TakeawaysSouthwest Airlines on Wednesday implemented a so-called “poison pill” shareholder rights plan to prevent ...

Southwest Airlines Co. said Wednesday its board is adopting a limited-duration shareholder rights plan that is effective immediately and will expire in one year. A rights plan, also known as a ...

Southwest is trying to prevent Elliott Management from accumulating a larger ownership share in the company. Elliott has ...

The board of Southwest Airlines (WN, Dallas Love Field) has approved adopting a limited-duration shareholder rights plan in ...

Southwest Airlines has adopted a "poison pill" or shareholder rights plan to fend off an effort by activist hedge fund ...

Shares of Southwest Airlines (LUV) tick up Wednesday morning after the company announced it will implement a shareholder ...

Southwest Airlines approved the adoption of a limited-duration shareholder rights plan after Elliott Investment Management said it acquired an 11% stake in the company.

The limited-duration shareholder rights plan is effective immediately and applies equally to all current and future shareholders in Southwest. This particular plan is triggered when a shareholder ...

Southwest Airlines is adopting a shareholder rights plan to stave off a potential hostile bid from hedge fund Elliott Management. Southwest Airlines Co. said Wednesday its board is adopting a ...

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. Shareholder ...