Southwest Strikes a Truce With Activist Hedge Fund Elliott

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 Strikes a Truce With the Activist Hedge Fund Elliott
The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment Management, one of its largest shareholders.
Southwest CEO to keep job after bitter boardroom battle with hedge fund Elliott
The agreement came as the carrier reported a surprise third-quarter profit, benefiting from improved pricing and demand, as well as rebookings from passengers stranded due to the global cyber
Activist Investor Elliott Wins Southwest Board Seats Amid Feud
The settlement deflects a potentially rancorous proxy fight.
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 Airlines and its activist hedge fund foe might become friends
Southwest Airlines (LUV) and the activist hedge fund that has been trying to wrest control from the carrier’s management team might be about to reach an agreement to end their continuing proxy battle.
Hedge fund Elliott calls for Southwest shareholders to meet and vote on its slate of directors
The second largest shareholder of Southwest Airlines is calling for special meeting of shareholders to vote on its slate of eight new directors, which would represent a majority of the struggling airl
Southwest settles proxy fight with hedge fund
Chairman Gary Kelly and six current board members will depart Nov. 1 and be replaced by five Elliott-backed candidates and a former Chevron executive.
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 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 ...
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 ...
Southwest settles proxy fight with hedge fund as Q3 profit shrinks. American loses money
American Airlines posted a loss of third-quarter loss of $149 million Thursday, weighed down by paying bonuses to flight ...
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 ...
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 ...