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Southwest Airlines adopts 'poison pill' after Elliott pushes for changes
Reuters via Yahoo Finance Canada· 6 days agoThe announcement comes days after Southwest CEO Bob Jordan said he would not resign in response to...
Southwest Fights off Activist Investors with “Poison Pill”
Baystreet· 6 days agoThe poison pill will only activate if Elliott — or another investor — acquires at least 12.5% of the company. If that threshold is crossed, all other shareholders will be ...
Southwest Air Adopts Poison Pill to Counter Activist Elliott
Bloomberg via Yahoo Finance Canada· 5 days ago(Bloomberg) -- Southwest Airlines Co. has adopted a shareholder rights plan to defend against a push...
Southwest’s Gary Kelly flew the company through pandemic turbulence, but will an activist attack...
Fortune via Yahoo Finance Canada· 5 days agoNow the longtime executive is facing a new challenge, with the activist investment firm Elliott...
Celebrity birthdays for the week of July 14-20
The Canadian Press via Yahoo Canada News· 14 hours agoActor Charlie Korsmo (“Can’t Hardly Wait,” ″Hook”) is 46. SingerElliott Yamin (“American Idol”) is 46. Model Gisele Bundchen is 44. Guitarist Mike...
Southwest adopts poison pill in Elliott defense move
Axios· 6 days agoWhy it matters: The move signals the company is fixing for a fight. Zoom in: Southwest's rights plan triggers when a shareholder's stake exceeds 12.5%....
Southwest adds Rakesh Gangwal as board director in face of leadership criticism
FlightGlobal· 23 hours agoFacing investor criticism for having a too-insular board of directors, Southwest Airlines has added...
'I’m in This Race to the End,' Biden Says as Party Revolt Grows
Time via Yahoo Canada News· 5 days ago“Mr. President, we are very saddened, but we have to tell you facts,” Scott said, according to Bob...
Air travel demand is breaking records. Airline profits are not.
AOL· 13 hours agoRecord summer air travel demand isn't translating to record U.S. airline profits.
'I Said Yes Right Away': Josh Hartnett Explains Guest Star Role in The Bear Season 3
CBR.com· 5 days agoJosh Hartnett was one of them, and the actor explained how his cameo came to be. The Bear Season 2...