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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 performance.
Southwest Airlines settles boardroom feud with activist investor Elliott
Southwest Airlines reported a surprise third-quarter profit on Thursday, benefiting from improved pricing and demand, as well as rebookings from passengers stranded due to the global cyber outage in July.
Southwest settles proxy fight with hedge fund and reports smaller Q3 profit. American loses money
Southwest Airlines reached a settlement with an activist investor by agreeing to overhaul its board, ending — at least for now — a monthslong fight with Elliott Investment Management, which is pressuring the airline to boost profits and the stock price.
Southwest settles proxy fight, reports smaller profit
Southwest Airlines reached a settlement with an activist investor by agreeing to overhaul its board, ending — at least for now — a monthslong fight with Elliott Inv
Southwest settles proxy fight with hedge fund and reports smaller third-quarter profit
Southwest said Chairman Gary Kelly and six current board members will depart Nov. 1, to be replaced by candidates backed by Elliott Investment Management.
2h
on MSN
Southwest Airlines Ends Feud With Activist Investor Elliott
Southwest Airlines struck a truce with Elliott Investment Management, giving the activist a significant presence on its board ...
7h
on MSN
Southwest Airlines Beats on Earnings. The Fight With Activist Investor Elliott Is Over.
Southwest Airlines posted third-quarter profit well above Wall Street’s expectations and revealed that it had struck a deal ...
7h
Southwest Airlines Bends To Activist Investor, Restructures Board
The carrier’s concessions will avert a proxy fight in exchange for naming six new directors. Notably, Southwest CEO Bob ...
6h
on MSN
Southwest Airlines activist investor group deal adds six board members, CEO stays
Southwest Airlines Thursday reached an agreement with activist investor Elliot Investment Management to head off a proxy ...
8h
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 ...
Aviation Week
13m
Southwest Details Potential Boeing Strike Impacts, MAX 7 Expectations
Southwest Details Potential Boeing Strike Impacts, MAX 7 Expectations is published in Aviation Daily, an Aviation Week ...
8h
on MSN
Southwest Airlines beats on revenue by a wide margin, names new board members
Southwest reported a relatively big revenue beat and reached an agreement with activist investor Elliott to add new board ...
8h
Southwest Airlines threw in the towel in its fight against activist investor Elliott
Southwest Airlines (LUV) reached a settlement with activist investor Elliott Investment Management, ceding six board seats to ...
11h
on MSN
Southwest Airlines revenue rises but Q3 profit falls by two-thirds on higher costs
Southwest Airlines is reporting that third-quarter profit fell nearly two-thirds from a year ago despite an increase in ...
KERA News
53m
Southwest Airlines names new directors, enters agreement with management firm
The Dallas-based airline announced six new independent directors after facing months of pressure from investment management ...
1h
on MSN
Southwest Airlines plans to speed up its turnaround — literally
After weathering recent turbulence, Southwest Airlines (LUV) reported $67 million in third-quarter net income Thursday on ...
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