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Southwest Strikes a Truce With Activist Hedge Fund Elliott

Wall Street Journal · 7h

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.

The New York Times · 21h

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.

Dallas Morning News · 18h

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

Bloomberg on MSN · 23h

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.

Wall Street Journal · 1d

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,

CNBC on MSN · 1d

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%.

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 ...

Aviation Week6d

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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