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Southwest Strikes a Truce With Activist Hedge Fund Elliott
Southwest Reaches Deal With Activist Elliott, Adding 6 New Directors to Board
Southwest Airlines announced a resolution to its discussions with activist investor Elliott Investment Management and reported better-than-expected earnings.
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, 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 earlier than scheduled.
14h
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 ...
13h
Southwest Airlines reaches settlement with Elliott, adds new directors to board
Southwest Airlines has given in to demands from Elliott Investment Management after months of an ongoing battle and agreed to ...
Benzinga.com
23h
Southwest Airlines Beats Q3 Street Expectations, Secures Agreement With Elliott Management-Driven Board Overhaul
Southwest
Airlines' Q3 revenue grew 5.3% YoY to $6.87 billion, exceeding the $6.735 billion consensus. Executive Chairman ...
9d
Elliot Nominates Eight Directors as Southwest Fight Goes to Shareholders
The activist hedge fund takes aim at the carrier's board and leadership with a call for a special shareholder meeting.
21h
Tesla, UPS, Southwest earnings, Boeing’s striking workers reject latest offer: Yahoo Finance
It’s another busy day on Wall Street as investors react to a flurry of earnings reports. Tesla (TSLA) reported mixed third ...
10h
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 ...
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