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Southwest settles proxy fight with hedge fund
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, Elliott strike deal to end proxy fight
Six new directors will join the Southwest board, including five of Elliot's nominees; chairman and former CEO will step down earlier than scheduled.
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.
Southwest Heard Footsteps Before Elliott Launched Proxy Fight
Southwest Airlines Co. Chief Executive Officer Bob Jordan says he knew the activists were coming. He just didn’t know which one.
Southwest Airlines, activist investor Elliott strike deal to end proxy fight
Southwest Airlines Co. (NYSE: LUV) announced early Oct. 24 an agreement with activist investor Elliott Investment Management that will reshape the Dallas-based airline's board and avert a proxy fight.
Elliott, Southwest Said to Near Settlement to Avert Board Battle
Elliott Investment Management and Southwest Airlines Co. are nearing a settlement that would avoid a proxy fight for control of the carrier’s board, according to people familiar with the matter.
Southwest and Elliott near settlement which would end proxy fight, source says
Activist investor Elliott Investment Management and Southwest Airlines are close to a settlement deal that would give the dissident sizable representation on the company’s board, according to a person familiar with the matter.
4h
Wall St. ends day on a mixed note; Southwest's proxy fight comes to a close
NEW YORK — Wall Street drifted to a mixed finish Oct. 24 after Tesla surged to one of the best days in its history, while IBM ...
11h
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 ...
7h
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 ...
8h
Southwest settles proxy fight with hedge fund as Q3 profit shrinks. American loses money
Southwest Airlines will replace several members of its board with candidates pushed by Elliott Investment Management to end a ...
The Sun Chronicle
1d
Southwest settles proxy fight with hedge and reports smaller Q3 profit. American loses money
DALLAS (AP) —
Southwest
Airlines
will replace several members of its board with candidates pushed by Elliott Investment ...
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