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Southwest settles proxy fight with hedge fund
Southwest settles proxy fight with hedge fund and reports smaller Q3 profit. American loses money
Southwest Airlines reached a settlement with an activist investor by agreeing to overhaul its board, ending — at least for now — a monthslong fight with Elliott Investment Management, which is pressuring the airline to boost profits and the stock price.
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 settles proxy fight, reports smaller profit
Southwest Airlines reached a settlement with an activist investor by agreeing to overhaul its board, ending — at least for now — a monthslong fight with Elliott Inv
16h
Southwest Airlines Bends To Activist Investor, Restructures Board
The carrier’s concessions will avert a proxy fight in exchange for naming six new directors. Notably, Southwest CEO Bob ...
10h
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 ...
9h
Wall St. ends day on a mixed note; Southwest's proxy fight comes to a close
NEW YORK — Wall Street drifted to a mixed finish Oct. 24 after Tesla surged to one of the best days in its history, while IBM ...
1d
on MSN
Southwest and Elliott near settlement which would end proxy fight, source says
Southwest Airlines and activist investor Elliott Investment Management announced Thursday they've struck a settlement deal ...
10h
Southwest, Elliott strike deal to end proxy fight
Six new directors will join the Southwest board, including five of Elliot's nominees; chairman and former CEO will step down ...
10d
Elliott Management triggers proxy fight with Southwest with special investor meeting
Southwest Airlines (LUV) faces proxy fight with Elliott as firm calls for special investor meeting. Read more here.
9h
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 ...
18h
Southwest Airlines, activist investor Elliott strike deal to end proxy fight
Southwest Airlines Co. (NYSE: LUV) announced early Oct. 24 an agreement with activist investor Elliott Investment Management ...
The Sun Chronicle
1d
Southwest settles proxy fight with hedge and reports smaller Q3 profit. American loses money
DALLAS (AP) —
Southwest
Airlines
will replace several members of its board with candidates pushed by Elliott Investment ...
10h
on MSN
Southwest CEO to keep job after bitter boardroom battle with hedge fund Elliott
Southwest Airlines and its activist investor Elliott Investment Management ended a bitter months-long boardroom battle on ...
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