Southwest Airlines Lays Out Overhaul, and Stock Gains
WEB4 days ago · The airline is making the moves under rising pressure from an activist hedge fund, Elliott Management, which has amassed a stake of more than 10 percent, worth almost $2 billion. Elliott has...
SOUTHWEST AIRLINES RESPONDS TO ELLIOTT MANAGEMENT'S …
WEB6 days ago · Elliott's attempt to disrupt the Investor Day and failure to offer any feedback or suggestions on Southwest's transformational plan reveals that Elliott continues to value public attacks and seizing control of the Company over the airline's future and all of its Shareholders' interests.
Southwest’s CEO just oversaw a massive board shakeup—but …
WEB1 day ago · Southwest’s board authorized $2.5 billion in share buybacks Thursday to help fend off Elliott's pressure.
Southwest Airlines Agrees to Board Changes After Pressure From …
WEBSep 10, 2024 · Southwest Airlines on Tuesday announced an overhaul of its board of directors, including the planned departure of its executive chairman, Gary Kelly, after a meeting with a hedge fund that has...
Elliott to call for Southwest special meeting 'as soon as next week'
WEBSep 24, 2024 · Southwest Airlines in July unveiled major changes to its more than 50-year-old business model: It will soon ditch open seating for assigned seats, offer seats with more legroom that command...
Elliott Sends Letter and Presentation to the Board of Southwest …
WEBJun 10, 2024 · Elliott has made an investment of approximately $1.9 billion in Southwest Airlines ("Southwest" or the "Company"), representing an approximately 11% economic interest and making us one of...
Change leadership or prepare for a fight, Elliott tells Southwest …
WEBNEW YORK, Aug 26 (Reuters) - Elliott Investment Management and Southwest Airlines (LUV.N) will meet early next month for the first time to discuss potential changes at the airline, both companies...
SOUTHWEST AIRLINES COMMENTS ON LETTER AND …
WEBDALLAS, June 10, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today reiterated its willingness to meet with Elliott Investment Management L.P. ("Elliott") to further discuss the airline's strategy to enhance value for all Shareholders:
Elliott Sends Letter to the Board of Southwest Airlines - PR Newswire
WEBJul 8, 2024 · Elliott noted that the actions of Southwest's Board of Directors and management team since its Stronger Southwest materials were published have only solidified the case for leadership...
Elliott Sends Letter to the Board of Southwest Airlines - Yahoo …
WEBJul 8, 2024 · Elliott Investment Management L.P. (and its affiliates, "Elliott"), today sent a letter to the Board of Southwest Airlines Co. (NYSE: LUV) (the "Company" or "Southwest") summarizing the...