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Elliott Investment Management now holds 10% of Southwest Airlines' common stock, crossing the threshold that allows the hedge fund to call a special meeting at the carrier, according to a person ...
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 shareholder Elliott Investment Management has bought a $1.9 billion stake in Southwest Airlines and is seeking to force out the CEO of the airline, which has struggled with operational ...
DALLAS (AP) — Activist shareholder Elliott Investment Management has bought a $1.9 billion stake in Southwest Airlines and is seeking to force out the CEO of the airline, which has struggled with operational and financial problems. Shares in the airline rose 7% Monday, their second-best day since 2020.
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.
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 ...
Elliott Investment Management L.P. is an ... Elliott Management announced that it had taken a $1.9 billion position in Southwest Airlines and would seek to oust ...
Flight cancellations from what was unofficially dubbed Winter Storm Elliott were inevitable, creating chaos at most airlines for a day. But for Southwest Airlines and its outdated crew-scheduling ...