Paramount to Merge with Skydance, Southwest Adopts 'Poison Pill' to Fend Off Activist Investor
The Rundown
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Updates on Stock Market Rally, Southwest Airlines' Poison Pill, and Paramount's Merger Drama
The chapter discusses the soaring highs of the Nasdaq and S&P in the summer of 2024, Southwest Airlines' use of a poison pill tactic against an activist investor, and Paramount's merger negotiations with Skydance, including the heightened acquisition offer and the requirement for approval from Paramount's special committee.
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