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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 settlement deflects a potentially rancorous proxy fight.
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
15h
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 ...
Skift
18h
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 ...
NBC DFW
1d
Southwest Airlines settlement with Elliott, restructures board leadership
After months of an ongoing battle,
Southwest
Airlines
has reached a settlement with activist investor
Elliott
Investment Management. The Dallas-based airline announced in a press release on ...
12h
Southwest settles proxy fight with hedge fund as Q3 profit shrinks
Southwest Airlines CEO Robert Jordan managed to survive the shakeup, but faces pressure to improve the company’s financial ...
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