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The company eventually got back to business as usual, until this year, when a barrage of attacks from another Elliott—this one an activist hedge fund—led to a high-profile reckoning and major ...
Southwest CEO Bob Jordan is “all about execution” on the airline’s turnaround efforts after surviving the airline’s bitter battle with activist investor Elliott Investment Management.
Elliott Investment Management announced Monday it has taken a $1.9 billion stake in Southwest Airlines and said there needs to be new leadership at the Dallas-based carrier.
Activist hedge fund Elliott Management has amassed a $1.9 billion stake in Southwest Airlines and plans to push for leadership changes at the airline that has lagged big rivals.
Shareholder activism is a form of activism in which shareholders use equity stakes in a corporation to put pressure on its management. [1] A fairly small stake (less than 10% of outstanding shares) may be enough to launch a successful campaign.
Southwest Airlines is girding itself for a fight with Elliott Investment Management, rallying support from investors and employees to face down an activist investor looking for wholesale changes ...
Southwest Airlines has adopted a ‘poison pill’ following activist investor Elliott Investment Management taking a significant stake in the company.
Jack Allan Abramoff (/ ˈ eɪ b r əm ɒ f /; born February 28, 1959) is an American lobbyist, businessman, film producer, writer and convicted criminal. [1] [2] He was at the center of an extensive corruption investigation led by Earl Devaney [3] that resulted in his conviction and 21 other people either pleading guilty or being found guilty, [4] including White House officials J. Steven ...