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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.
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.
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.
Late last month, Southwest Airlines executives unveiled their vision for Southwest 2.0, giving passengers assigned seats for the first time, charging them extra for more legroom and offering red ...
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 ...
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 ...
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 ...