Southwest Airlines has adopted a ‘poison pill’ following activist investor Elliott Investment Management taking a significant stake in the company. The airline said Wednesday that the shareholder rights plan is effective immediately and expires in a year. Southwest shareholders would need to give prior approval for an extension. Shareholder rights plans, or “poison pills,” allow […]
Southwest Airlines has adopted a ‘poison pill’ following activist investor Elliott Investment Management taking a significant stake in the company. The airline said Wednesday that the shareholder rights plan is effective immediately and expires in a year. Southwest shareholders would need to give prior approval for an extension. Shareholder rights plans, or “poison pills,” allow […]
A water main break is impacting over two dozen customers in Pittsburgh’s Elliott neighborhood. Allegheny County 911 said crews were called to the area of Crucible Street and Lorenz Avenue just before 9 a.m. Pittsburgh Water and Sewer Authority officials said the break has been isolated and crews are repairing the water main. The break, […]
By Rajesh Kumar Singh and Nathan Gomes (Reuters) -Elliott Investment Management called for leadership change at Southwest Airlines on Monday after reporting a stake worth about $1.9 billion in the U.S. carrier. Southwest’s shares rose more than 7% in Wall Street morning trade. The activist investment management firm said Southwest’s “poor execution” and its leadership’s […]
(Bloomberg) — Elliott Investment Management called for new leadership at Southwest Airlines Co. and an overhaul of its business strategy after revealing a $1.9 billion stake in the US carrier. Most Read from Bloomberg The activist firm disclosed the investment Monday in a letter criticizing “Southwest’s poor execution and leadership’s stubborn unwillingness to evolve the […]
Jun. 9—First in a series. We love our pets like little people in furry suits, but if they bite, chew, bark, or relieve themselves indoors, they need to stop that @#%& right now, don’t they? Even if you’re not a violent person, you could be tempted, but please don’t spank him. Way back in the […]
On Thursday, family and friends thousands will honor the life of a fallen hero, Investigator William “Alden” Elliott. He was one of the four officers killed in a shootout last week. PREVIOUS STORIES: On Thursday, Elliott will first be honored with a procession along Highway 70 in Newton starting at 4:30 p.m. The U.S. Marshals […]
Coronation Street actor John Savident has died, his representative has said. The 86-year-old was known for his booming voice while playing butcher Fred Elliott on the ITV soap. A statement from his agent to the PA news agency said: “We are sad to announce the death of the actor John Savident who died on Wednesday […]
Liverpool midfielder Harvey Elliott admitted he was his own worst critic and would not be happy until he was providing regular goals and assists for the team. The 20-year-old was one of the better players – particularly in the first half – of the 5-1 Carabao Cup win at home to West Ham which booked […]