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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
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 communications experts said.
14h
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 ...
16h
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 ...
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 ...
1d
on MSN
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 ...
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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