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5 dni temu · Southwest Airlines has adopted a ‘poison pill’ following activist investor Elliott Investment Management taking a significant stake in the company. The airline said Wednesday that the ...
5 dni temu · Southwest Airlines Co. said it’s adopted a rights plan that aims to prevent what it called “de facto or negative control” of the airline without compensating other shareholders, responding ...
11 cze 2024 · The fate of Southwest Airlines Co. ’s popular “bags fly free” policy is likely to be among the most contentious issues to be broached as activist firm Elliott Investment Management pushes for...
10 cze 2024 · Elliott Investment Management announced Monday it has taken a $1.9 billion stake in Southwest Airlines and said there needs to be new leadership at the Dallas-based carrier.
10 cze 2024 · Southwest's rigid commitment to a decades-old approach has inhibited its ability to compete in the modern airline industry, Elliott said, and this ethos pervades the entire business with...
10 cze 2024 · DALLAS (AP) — Activist shareholder Elliott Investment Management has bought a $1.9 billion stake in Southwest Airlines and is seeking to force out the CEO of the airline, which has struggled with operational and financial problems.
12 cze 2024 · The CEO of Southwest Airlines said Wednesday, June 12, 2024, that he will not resign in the face of pressure from a hedge fund that wants him fired and that his leadership team will produce its own plan to boost the airline’s financial performance.
