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Southwest Strikes a Truce With Activist Hedge Fund Elliott
Southwest Strikes a Truce With the Activist Hedge Fund Elliott
The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment Management, one of its largest shareholders.
Southwest CEO to keep job after bitter boardroom battle with hedge fund Elliott
The agreement came as the carrier reported a surprise third-quarter profit, benefiting from improved pricing and demand, as well as rebookings from passengers stranded due to the global cyber
Activist Investor Elliott Wins Southwest Board Seats Amid Feud
The airline gave the activist a significant presence on its board but not the majority control the hedge fund initially sought.
17h
Southwest settles proxy fight with hedge fund as Q3 profit shrinks. American loses money
American Airlines posted a loss of third-quarter loss of $149 million Thursday, weighed down by paying bonuses to flight ...
23h
on MSN
Southwest Stock Is Down. The Elliott Fight Is Over, and Earnings Were Strong.
Southwest Airlines posted third-quarter profit well above Wall Street’s expectations and revealed that it had struck a deal ...
17h
Southwest Heard Footsteps Before Elliott Launched Proxy Fight
Southwest Airlines Co. Chief Executive Officer Bob Jordan says he knew the activists were coming. He just didn’t know which one.
18h
Southwest settles proxy fight with hedge fund and reports smaller third-quarter profit
Southwest said Chairman Gary Kelly and six current board members will depart Nov. 1, to be replaced by candidates backed by ...
15h
Southwest settles proxy fight with hedge fund as Q3 profit shrinks
Southwest Airlines CEO Robert Jordan managed to survive the shakeup, but faces pressure to improve the company’s financial ...
Atlanta Journal-Constitution
1d
Southwest settles proxy fight with hedge and reports smaller Q3 profit. American loses money
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.
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