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Southwest, Elliott
Southwest and activist investor Elliott strike deal to keep Bob Jordan as CEO, add six new directors
Southwest Airlines and Elliott Management are near a settlement which will stave off a proxy fight at the carrier, a person familiar with the matter said. The deal will give Elliott a sizable representation on the company's board but would fall short of a majority.
Southwest Airlines Settles Boardroom Fight
Southwest Airlines and its activist investor Elliott Investment Management ended a bitter months-long boardroom battle on Thursday in a deal that allows CEO Bob Jordan to retain his job by making bigger board-level concessions.
Elliott, Southwest Said to Near Settlement to Avert Board Battle
Elliott Investment Management and Southwest Airlines Co. are nearing a settlement that would avoid a proxy fight for control of the carrier’s board, according to people familiar with the matter.
5h
on MSN
Southwest service to Hawaii could be impacted after settlement with rebel shareholder
Southwest Airlines has reached a peace agreement with activist shareholder Elliott Investment Management, a development that ...
1d
on MSN
Southwest CEO Jordan praises Elliott deal, gives sober nod to Q3 results
The Elliott deal is good for shareholders,” beleaguered Southwest CEO Bob Jordan said on CNBC this morning, putting a ...
Skift
1d
Southwest Appoints 6 New Directors, CEO Bob Jordan Hangs On in Deal With Elliott
The appointment of the new directors ends Southwest’s months-long battle with Elliott, which was poised to turn into a proxy ...
1d
on MSN
Southwest CEO Bob Jordan: Elliott deal is good for our shareholders
Bob Jordan, Southwest Airlines CEO, joins CNBC's 'Squawk on the Street' to discuss Southwest's deal with Elliott Investment Management, the company's third-quarter results, and more.
1d
on MSN
Southwest Airlines activist investor group deal adds six board members, CEO stays
Southwest Airlines Thursday reached an agreement with activist investor Elliot Investment Management to head off a proxy ...
1d
on MSN
Southwest Airlines reaches settlement with Elliott, adds new directors to board
“For
Southwest
, it puts an end to a costly and distracting special meeting proxy contest, avoids a proxy contest from ...
1d
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 ...
20h
on MSN
Activist Investor Elliott Wins Southwest Board Seats Amid Feud
The airline gave the activist a significant presence on its board but not the majority control the hedge fund initially ...
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