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Elliott Investment Management is strong-arming Dallas-based Southwest Airlines in a new letter to board members calling the airline’s board of directors “out of touch” with the reality of ...
Southwest Airlines has made some big changes (and some small ones too) over the past few months, and the airline today looks ...
Southwest Airlines has come under fire in the past few months for making a number of changes like ending free bags and ...
For AT&T watchers, the tussle between Southwest Airlines and activist investor Elliott Investment Management is almost like déjà vu. By the end of October that year, Elliott increased its stake ...
Southwest Airlines reaches settlement with Elliott, restructures board leadership The new changes at Southwest Airlines will take effect on Nov. 1 By Hannah Jones • Published October 24, 2024 ...
Since Elliott Management announced its $1.9 billion stake in Southwest Airlines in June, the stock is down slightly. The activist hedge fund has never run a campaign at an airline before, but ...
On June 10, Elliott announced it had acquired a big stake in Southwest, and it now says it holds 11 percent of the airline’s 599 million outstanding shares—enough to call for a special meeting ...
Southwest Airlines Co. (NYSE: LUV) (the "Company") has the following response to an announcement made by one of its Shareholders, Elliott Investment Management L.P. ("Elliott"), stating its ...
Southwest CEO Bob Jordan said changes like scrapping its signature policies of unassigned seating and "Two bags fly free" will make billions.
Southwest Airlines CEO Bob Jordan is trying to gain investor support while buckling down for a proxy fight as activist hedge fund Elliott Investment seeks to oust him and two-thirds of the board.
Elliott Management’s $1.9 billion stake in Southwest Airlines has raised concern among investors who value the company’s steadfast culture. Skip to content Continuing Coverage ...
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