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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.
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.
So, if investors continue to fund a money-losing business through tough times, they may eventually allow it to succeed. Similarly, if they withhold money from a struggling business, they may cause ...
Kevin Wall is an American entrepreneur, investor, activist and Emmy Award-winning producer of international events such as the benefit concert series Live Earth and Live 8. His first media company, Radio Vision International, produced international benefit concerts such as USA for Africa in 1985 as well as Human Rights Now! and the Nelson ...
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Anton Theodor Eberhard August Lubowski (3 February 1952 – 12 September 1989) was a Namibian anti-apartheid activist and advocate. He was a member of the South West Africa People's Organization (SWAPO). In 1989 he was assassinated by operatives of South Africa's Civil Cooperation Bureau.
In the first half of the year, 449 U.S. companies were subject to demands from activist investors, a 9% jump compared to the first half last year. And hedge funds are taking swings at big targets.
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