The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment ...
The airline gave the activist a significant presence on its board but not the majority control the hedge fund initially ...
The appointment of the new directors ends Southwest’s months-long battle with Elliott, which was poised to turn into a proxy ...
Elliott Investment Management built up an 11% stake in Southwest — then started a podcast. It's a good move, two ...
Hedge fund Elliott Investment Management on Monday pressed a court not to hold up its bid for Citgo Petroleum, saying the ...
Southwest Airlines Co. Chief Executive Officer Bob Jordan says he knew the activists were coming. He just didn’t know which one.
The Associated Press on MSN11d
Hedge fund Elliott calls for Southwest shareholders to meet and vote on its slate of directorsThe second largest shareholder of Southwest Airlines is calling for special meeting of shareholders to vote on its slate of ...
Southwest Airlines CEO Robert Jordan managed to survive the shakeup, but faces pressure to improve the company’s financial ...
DALLAS — (AP) — Southwest Airlines will replace several members of its board with candidates pushed by Elliott Investment ...
Southwest Airlines' third-quarter revenue rose to a record high but profit fell nearly two-thirds, to $67 million, on higher costs for labor and other expenses.
We are pleased to have reached a collaborative resolution with Elliott, continuing our Board refreshment with the addition of new directors who bring complementary skills and experience,” Kelly said ...
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