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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.
2 dni temu · Southwest Airlines is lowering its revenue expectations this quarter, just as an activist investor has placed pressure on the carrier to do a complete workup for its shareholders.. In a regulatory ...
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 · Key Points. Southwest Airlines CEO Bob Jordan said the company is ready to adapt to changing customer trends like premium seating as demand shifts. Jordan’s comments came days after hedge fund...
11 cze 2024 · Southwest Airlines' shares rose about 7% in premarket trade on Monday after The Wall Street Journal reported that activist investor Elliott Investment Management had built a nearly $2 billion...
10 cze 2024 · Activist hedge fund Elliott Management has amassed a $1.9 billion stake in Southwest Airlines and plans to push for leadership changes at the airline that has lagged big rivals.
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.
