News

Bob Jordan recently introduced major changes to the way the low-cost airline works, which caused a stir among loyal fliers ...
Elliott Investment Management is strong-arming Dallas-based Southwest Airlines in a new letter to board members calling the airline’s board of directors “out of touch” with the reality of ...
Southwest Airlines reaches settlement with Elliott, restructures board leadership The new changes at Southwest Airlines will take effect on Nov. 1 By Hannah Jones • Published October 24, 2024 ...
For AT&T watchers, the tussle between Southwest Airlines and activist investor Elliott Investment Management is almost like déjà vu. By the end of October that year, Elliott increased its stake ...
Southwest Airlines’ stock fell Tuesday, after the air carrier expressed confidence in Chief Executive Bob Jordan’s leadership, despite calls from activist investor Elliott Investment ...
Reuters reported that Southwest had lost 50% of its value in the three years to June 7, 2024, when it closed at $27.75. That was just before Elliott's investment became known on June 10, which ...
Elliott Investment Management and Southwest Airlines LUV have begun discussing a potential settlement that could avoid a proxy fight for control of the airline company’s board. What Happened ...
On June 10, Elliott announced it had acquired a big stake in Southwest, and it now says it holds 11 percent of the airline’s 599 million outstanding shares—enough to call for a special meeting ...
Elliott Management Corp.’s recent campaign to oust the CEO of Southwest Airlines furnishes us with a rough measuring rod by which to judge just what activists can (and cannot) achieve.
DALLAS, Sept. 24, 2024 /PRNewswire/ -- – Southwest Airlines Co. (NYSE: LUV) (the "Company") today issued a response to Elliott Investment Management L.P.'s ("Elliott") recent Shareholder letter ...
Southwest Airlines CEO Bob Jordan is trying to gain investor support while buckling down for a proxy fight as activist hedge fund Elliott Investment seeks to oust him and two-thirds of the board.
Shares of Southwest Airlines Co. descended Tuesday, after the air carrier expressed confidence in Chief Executive Bob Jordan’s leadership, despite calls from activist investor Elliott Investment ...