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Southwest settles proxy fight with hedge fund
Southwest settles proxy fight with hedge fund as Q3 profit shrinks. American loses money
Southwest Airlines will replace several members of its board with candidates pushed by Elliott Investment Management to end a monthslong fight with the hedge fund.
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 Elliott Investment Management.
Southwest Airlines and its activist hedge fund foe might become friends
Southwest Airlines (LUV) and the activist hedge fund that has been trying to wrest control from the carrier’s management team might be about to reach an agreement to end their continuing proxy battle.
21h
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 ...
16h
on MSN
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 ...
7h
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 ...
4d
on MSN
Why a hedge fund made a podcast about a shake-up it's pushing for at Southwest Airlines
Elliott Investment Management built up an 11% stake in Southwest — then started a podcast. It's a good move, two ...
The Associated Press on MSN
10d
Hedge fund Elliott calls for Southwest shareholders to meet and vote on its slate of directors
The second largest shareholder of Southwest Airlines is calling for special meeting of shareholders to vote on its slate of ...
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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