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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.
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 sought.
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 restructure board leadership in a new settlement.
Southwest Air Tops Profit Estimates
Southwest Air Tops Profit Estimates as Cost Cuts Take Hold
Southwest Airlines Co. reported third-quarter profit more than double Wall Street’s estimates, a needed boost as the carrier tries to shore up financial results following a bruising fight with activist Elliott Investment Management that came to an end Thursday.
Southwest Airlines Revenue and Profit Beat Expectations
Southwest Airlines posted stronger-than-expected quarterly sales and profit, as executives said turnaround efforts are taking shape. The airline reported a record $6.87 billion in operating revenue for the September quarter,
Southwest Airlines profit tops estimates, expects higher revenue in fourth quarter
Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.
21h
Southwest Airlines settles boardroom feud with activist investor Elliott
Southwest Airlines reported a surprise third-quarter profit on Thursday, benefiting from improved pricing and demand, as well ...
Skift
21h
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 ...
3d
Southwest Airlines talks truce with Elliott after major policy tweaks
After more than four months of waging a public battle with activist investor Elliott Investment Management, low-cost pioneer ...
5d
on MSN
Elliott, Southwest Airlines to begin settlement discussions, Bloomberg News reports
Elliott Investment Management and Southwest Airlines have begun discussing a potential settlement that would avoid a proxy ...
Aviation Week
6d
Daily Memo: Activist Investor Takes Aim At Southwest’s Heart—Its People
Daily Memo: Activist Investor Takes Aim At Southwest’s Heart—Its People is published in Aviation Daily, an Aviation Week ...
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