Southwest Airlines Co.’s chief executive officer is resisting pressure to step down after activist firm Elliott Investment Management took a $1.9 billion stake and called for new leadership at the carrier.
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Elliott targets Southwest CEO in US$1.9 billion activist pushElliott Investment Management called for new leadership at Southwest Airlines Co. and an overhaul of its business strategy after revealing a US$1.9 billion stake in the U.S. carrier.
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Investment firm Elliott takes US$1.9-billion stake in Southwest Airlines, is seeking to oust CEOIn a letter to the airline’s board, the investment firm complained that Southwest’s stock price has dropped more than 50% in the last three years
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Elliott takes nearly $2 billion stake in Southwest Airlines, WSJ reportsElliott is one of Southwest's largest investors and plans to engage with the airline's management team, the report said. Southwest and Elliott did not...
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Elliott Takes Almost $2 Billion Stake in Southwest, WSJ ReportsElliott Investment Management has built an almost $2 billion stake in Southwest Airlines Co. and plans to push for changes at the US carrier, the Wall Street Journal reported.
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Southwest Airlines jumps after report of Elliott's $2 billion stakeAccording to the Journal's report on Sunday, Elliott is one of Southwest's largest investors and plans to push for changes aimed at reversing the airline's...
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Southwest Airlines stock pops on report of Elliott's $2B stakeElliott has built a nearly $2 billion stake in Southwest Airlines (LUV), becoming one of the airline's largest investors. Elliott has issued a note calling...
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