Southwest Airlines Implements Poison Pill Strategy Amidst Elliott Management's Push for Change

Southwest Airlines Implements Poison Pill Strategy Amidst Elliott Management's Push for Change

A Poison pill may very well stop Elliott. Yet another change in course for the company. Southwest Airlines announced on Wednesday the adoption of a shareholder rights plan, commonly known as a “poison pill,” in response to pressures from Elliott Management, a notable activist investor. This strategy will be triggered if Elliott, or any other…