In a letter to shareholders, the hedge fund accused the airline of obstructing a leadership change. Elliott now owns enough Southwest stock to call a...
- Activist investor Elliott Investment Management on Tuesday escalated its boardroom battle with Southwest Airlines , saying it plans to call a special shareholder meeting as soon as next week to overhaul the airline's leadership.Elliott now owns enough Southwest stock to call a special meeting and take the next steps to shake up the board and management. In August, it identified 10 director candidates it could nominate to the 15-member board.
It plans to offer assigned and extra-legroom seats to attract premium travelers, and start overnight flights. It will present details to investors on Sept. 26.Surrogacy comes with a hefty price tag, running into tens or hundreds of thousands of dollars, but regardless the industry is booming.Pernod Ricard at Climate Week NYC to Reaffirm Its Climate CommitmentsMeta CEO Mark Zuckerberg has become $72 billion richer this year, and could overtake Elon Musk and Jeff Bezos with a bit of luck.
The Bears suffered a discouraging loss to the Colts on Sunday. Here were the lowest-graded players from in Week 3.Egypt to restore e-visa for Canadian tourists after imposing costly process: Joly
Letter To Shareholders Elliott Investment Management Southwest Activist Investor Leadership Change Shareholder Meeting
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Elliott lays out its case in letter for leadership change at Southwest AirlinesElliott Investment Management is telling Southwest Airlines investors the company needs new outside leadership and that it wants to engage to shape a 'better...
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Exclusive-Elliott now owns enough of Southwest Airlines to call special meetingElliott Investment Management now holds 10% of Southwest Airlines' common stock, crossing the threshold that allows the hedge fund to call a special meeting ...
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Elliott Management reportedly takes 11% stake in SouthwestElliott Management has taken an 11% share in Southwest Airlines (LUV), according to Reuters. This stake allows the hedge fund to call a special meeting with ...
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Elliott Management's Southwest stake and the changes it demandsAccording to a Reuters report, hedge fund Elliott Management has secured a 10% stake in Southwest Airlines' common stock (LUV), granting them the ability to ...
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Southwest board succumbs to Elliott Management demandsSouthwest Airlines (LUV) is undergoing significant leadership changes in response to ongoing pressure from activist investor Elliott Management. The airline ...
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Nike names Elliott Hill as new CEO; John Donahoe to retireThe company named Elliott Hill president and chief executive officer, effective Oct. 14, 2024. Donahoe was tasked with bolstering Nike's online presence and...
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