Southwest, Elliott
Activist investor Elliott calls Southwest Airlines' transformation plan insufficient
Elliott Investment Management LP, the Florida-based hedge fund that has accumulated a 11% stake in Southwest Airlines and pushed for leadership changes, voiced dissatisfaction with the major financial and operational overhaul outlined by the Dallas-based airline at its Sept. 26 Investor Day.
Hedge fund Elliott poised for next step in Southwest Airlines power struggle
Elliott Investment Management told shareholders Tuesday it is ready to go to a proxy fight with Southwest Airlines.
Southwest Airlines’ Activist Investor Is Pushing For A Special Meeting With Shareholders
Southwest has made policy changes, upended its board and had its chairman resign—but it’s not enough. Elliott Investment Management is still flexing for a proxy fight.
Southwest raises revenue outlook, reveals changes under pressure from activist hedge fund Elliott
Southwest Airlines raised its third-quarter revenue forecast, authorized $2.5 billion in share buybacks and announced a slew of changes to its business as it continues to face pressure from activist hedge fund Elliott Investment Management.
The CEO of Southwest Airlines called an activist investor's criticisms 'inane'
Southwest Airlines (LUV) outlined a number of actions Thursday that it’s taking to improve its business in the face of an activist investor campaign. CEO Bob Jordan also had words for Elliott Investment Management,
Hedge fund Elliott Investment Management steps up pressure on Southwest Airlines' management
Elliott Investment Management, a hedge fund urging Southwest Airlines to dump its CEO and chairman, said Tuesday it has acquired enough of the company’s stock to call a special meeting of shareholders.
Elliott calls Southwest Airlines transformation plan insufficient
Representatives with Elliott Investment Management, the Florida-based hedge fund that has accumulated a 11% stake in Southwest Airlines and pushed for leadership changes, said the plan shared with shareholders represented "another promise of a better tomorrow from the same people who have created the problems we face today.
Elliott to Seek Shareholder Vote on Southwest Air Board Overhaul
Activist investor Elliott Investment Management criticized Southwest Airlines Co.’s “haphazard” recovery strategy and said it plans to call a special shareholder meeting to vote on a potential overhaul of the carrier’s board.
Southwest Airlines activist investor Elliott wants a special meeting ahead of potential layoffs
A showdown between Southwest Airlines (LUV) and an activist hedge fund investor is finally coming to a head. Elliott Management says it plans to call a special shareholder meeting on Oct. 7 to secure control of the company.
Elliott plans to call for Southwest Airlines special meeting as soon as next week (update)
Adds Southwest response. Activist investor Elliot Investment Managements plans to call for a special meeting of holders of Southwest Airlines (NYSE:LUV) as soon as a next week as it attempts to replace several board members,
Southwest Airlines spells out changes designed to boost profit and fend off a hedge fund
The moves away from Southwest’s simple business model and quirky traditions come as airline management faces pressure from ...
Southwest Airlines reveals timeline for ending open seating, changing boarding process
Southwest Airlines unveiled a timeline of when it planned to make big changes to its long-popular seating, boarding processes ...
ABC News17d
Southwest Airlines shakes up its board under pressure from a big shareholder
Southwest Airlines will revamp its board and the chairman ... but it intends to keep CEO Robert Jordan in a partial concession to hedge fund Elliott Investment Management, which has been ...
Scripps News on MSN22m
Southwest Airlines unveils major changes as budget airlines lose value
In an attempt to boost profits, Southwest Airlines is adding premium and assigned seating and overnight flights.