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Southwest Airlines is responding to backlash after announcing an interior redesign. The airline unveiled plans last month to update aircraft cabins with upgrades that include new seats featuring multi Southwest Airlines’ board of directors has adopted a rights plan aimed at fending off activist shareholders gaining control of the company. Under the plan, Southwest will issue one right for The construction of another national brand to build out a furniture store next to the Ikea are moving forward, with an opening planned for 2025.
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Elliott, a hedge fund with a history of forcing management changes at companies it targets, is calling for the ouster of Southwest CEO Bob Jordan and chairman Gary Kelly. Under the rights plan DALLAS - Southwest Airlines Co. NYSE: NYSE:LUV has initiated a limited-duration shareholder rights plan, effective immediately, set to expire in one year, with any extension subject to
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Southwest CEO says company will 'sit down and listen' to activist investor, according to reports. Elliott Investmenrt Management eyes changing open-seating plan Shares of Southwest Airlines LUV ticked up Wednesday morning after the company announced it will implement a shareholder rights plan to fend off activist investor firm Elliott Management.
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