Activist hedge fund Elliott slams Southwest CEO Bob Jordan as …
WEB1 day ago · Elliott has called for sweeping changes among the airline’s top leadership – specifically targeting Jordan and Chairman Gary Kelly, who succumbed to mounting pressure from the hedge fund and ...
Southwest raises revenue forecast under pressure from activist Elliott
WEB1 day ago · Elliott later said it still wanted leadership changes at the top. The hedge fund did not immediately respond to requests for comment. Southwest has already revealed business changes meant to fend ...
Elliott pressure prompts Southwest to up revenue outlook and …
WEB23 hours ago · September 27, 2024. - 1:26 pm. Intel, Managers. Southwest Airlines has revised its third-quarter revenue forecast upward, approved a $2.5bn share buyback programme, and introduced a series of strategic changes as it faces mounting pressure from activist hedge fund Elliott Investment Management, according to a …
Checked bag fees could come to Southwest as fight between
WEB1 day ago · Elliott, the hedge fund controlled by billionaire financier Paul Singer, increased its pressure on Southwest this week by saying that it intends to call a special shareholder meeting as soon as ...
Hedge fund Elliott Investment Management steps up pressure on …
WEBSep 3, 2024 · DALLAS (AP) — Elliott Investment Management, a hedge fund urging Southwest Airlines to dump its CEO and chairman, said Tuesday it has acquired enough of the company’s stock to call a special meeting of shareholders.
An investment firm has taken a $1.9 billion ... - Associated Press News
WEBJun 10, 2024 · Activist shareholder Elliott Investment Management has taken a $1.9 billion stake in Southwest Airlines. The investment firm said Monday, June 10, 2024, that Southwest failed to keep up with other airlines and …
Southwest Airlines CEO says he won't resign. A hedge fund is …
WEBJun 12, 2024 · Elliott Investment Management notified Southwest’s board Monday that it bought a $1.9 billion stake in the Dallas-based company and is seeking to replace Jordan and Gary Kelly, the airline’s chairman and former CEO, …
Elliott and Carlyle square off in $4bn debt dispute over software …
WEBJun 21, 2024 · Elliott Management, the hedge fund founded by billionaire Paul Singer, has upended a $4bn debt restructuring at a business owned by Carlyle Group, in a stand-off illustrating the tensions...
Elliott Disrupts CEOs’ Summer Plans With $400 Billion in New …
WEBJun 10, 2024 · Elliott, the activist hedge fund founded by billionaire Paul Singer, has unveiled seven new stakes in companies around the world since April, targeting corporations with a combined market value...
Elliott: Southwest Airlines' turnaround plan is insufficient
WEB10 hours ago · Elliott Investment Management LP, the Florida-based hedge fund that has accumulated a 11% stake in Southwest Airlines and pushed for leadership changes, voiced dissatisfaction with the major ...
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