Southwest Airlines plays defense against Elliott by firing off a rights plan (NYSE:LUV)
2024-07-03
Angel Di Bilio/iStock Editorial via Getty Images The board of directors at Southwest Airlines (NYSE:LUV) announced on Wednesday that it has approved the adoption of a limited-duration shareholder rights plan. The rights plan will be triggered if an entity holds a 12.5% economic interest in the company. In addition, theContinue Reading