July 04, 2024 BY Elizabeth Anderson
Southwest Airlines Deploys Poison Pill To Fend Off Elliott Management
In June 2024, Elliott indicated that it owns roughly 11% of Southwest Airlines. Based on CNBC information, Elliott criticised the airline’s performance compared to those of others. The poison pill will only come into effect if an investor, such as Elliott, attains a 12.5% stake. This strategy will allow all other shareholders to buy one…
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