Southwest Airlines Lays Out Overhaul, and Stock Gains
WEB14 hours ago · Elliott Management has gained a 10 percent stake in Southwest Airlines. ... Elliott said. Southwest’s share price was just over $30 on Thursday morning. ... News outlets are experimenting with a ...
Elliott Statement on Southwest Airlines' Investor Day - Yahoo …
WEB9 hours ago · Elliott Investment Management L.P. ("Elliott"), today released the following statement on behalf of Partner John Pike and Portfolio Manager Bobby Xu regarding Southwest Airlines Co. (NYSE: LUV ...
Elliott to Seek Shareholder Vote on Southwest Air Board Overhaul
WEB2 days ago · Activist investor Elliott Investment Management criticized Southwest Airlines Co. ’s “haphazard” recovery strategy and said it plans to call a special shareholder meeting to vote on a ...
Southwest Airlines shakes up its board under ... - Associated Press News
WEBSep 10, 2024 · Southwest Airlines will revamp its board and the chairman will retire next year, but it intends to keep CEO Robert Jordan in a partial concession to hedge fund Elliott Investment Management, which has been pushing for changes at the airline including Jordan’s ouster.
Southwest Airlines Agrees to Board Changes After Pressure From Elliott
WEBSep 10, 2024 · Southwest Airlines on Tuesday announced an overhaul of its board of directors, including the planned departure of its executive chairman, Gary Kelly, after a meeting with a hedge fund that has...
Hedge fund Elliott Investment Management steps up pressure on Southwest …
WEBSep 3, 2024 · DALLAS (AP) — Elliott Investment Management, a hedge fund urging Southwest Airlines to dump its CEO and chairman, said Tuesday it has acquired enough of the company’s stock to call a special meeting of shareholders.
Elliott Sends Letter to the Board of Southwest Airlines - PR …
WEBJul 8, 2024 · Elliott noted that the actions of Southwest's Board of Directors and management team since its Stronger Southwest materials were published have only solidified the case for leadership...
Elliott Sends Letter and Presentation to the Board of Southwest Airlines
WEBJun 10, 2024 · Elliott has made an investment of approximately $1.9 billion in Southwest Airlines ("Southwest" or the "Company"), representing an approximately 11% economic interest and making us one of...
An investment firm has taken a $1.9 billion stake in Southwest Airlines ...
WEBJun 10, 2024 · 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.
SOUTHWEST AIRLINES COMMENTS ON LETTER AND PRESENTATION FROM ELLIOTT ...
WEBDALLAS, June 10, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today reiterated its willingness to meet with Elliott Investment Management L.P. ("Elliott") to further discuss the airline's strategy to enhance value for all Shareholders: