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Southwest Strikes a Truce With Activist Hedge Fund Elliott

The Wall Street Journal on MSN · 19h

Activist Investor Elliott Wins Southwest Board Seats Amid Feud

Southwest Airlines struck a truce with Elliott Investment Management, giving the activist a significant presence on its board but not the majority control the hedge fund initially sought. The settlement announced Thursday deflects a potentially rancorous proxy fight and ends the acrimonious four-month battle over whether Southwest’s management is capable of pulling the airline out of a funk.

The New York Times · 23h

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.

New York Post on MSN · 19h

Southwest CEO to keep job after bitter boardroom battle with hedge fund Elliott

The agreement came as the carrier reported a surprise third-quarter profit, benefiting from improved pricing and demand, as well as rebookings from passengers stranded due to the global cyber

1don MSN

Southwest and activist investor Elliott strike deal to keep CEO Bob Jordan, add six new directors

Southwest Airlines is near a deal with activist Elliott which would stave off a potential proxy fight in exchange for sizable ...

2d

Elliott sees more upside at Suncor, almost doubles stake to nearly $3 bln

Two years after first pressing for changes at Canada's Suncor Energy , Elliott Investment Management is so convinced that ...

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 ...

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