Elliott calls Southwest Airlines transformation plan insufficient
Representatives with Elliott Investment Management, the Florida-based hedge fund that has accumulated a 11% stake in Southwest Airlines and pushed for leadership changes, said the plan shared with shareholders represented "another promise of a better tomorrow from the same people who have created the problems we face today.
Elliott Investment Management L.P.'s Strategic Acquisition in Southwest Airlines Co
Elliott Investment Management L.P. (Trades, Portfolio) made a significant addition to its investment portfolio by acquiring 3,028,000 shares of Southwest Airlines Co (NYSE:LUV). This transaction, executed at a price of $29.
Elliott Investment Management told shareholders Tuesday it is ready to go to a proxy fight with Southwest Airlines.
Southwest Airlines aims for $4 billion EBIT by 2027 through low CapEx initiatives. Click here to find out why I am ...
Under assault from activist hedge fund Elliott Capital Management, the carrier's executives told a shareholder meeting that ...
The latest push comes just two weeks after Southwest announced a sweeping revamp of its board in hopes of preventing a proxy ...
The airline’s first flights with assigned seats are scheduled to take off in 2026, among a series of radical changes ...
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