Activist investor Elliott calls Southwest Airlines' transformation plan insufficient
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 financial and operational overhaul outlined by the Dallas-based airline at its Sept. 26 Investor Day.
The move, including service enhancements and share buybacks, came after the hedge fund Elliott Management called for cost ...
Adds Southwest response. Activist investor Elliot Investment Managements plans to call for a special meeting of holders of ...
Under assault from activist hedge fund Elliott Capital Management, the carrier's executives told a shareholder meeting that ...
Southwest isn’t the only Texas company Elliott has invested in.
Southwest Airlines aims for $4 billion EBIT by 2027 through low CapEx initiatives. Click here to find out why I am ...
Southwest Airlines presented a thorough transformation plan, but failed to impress main shareholder and most vocal critic of ...
Elliott Investment Management told shareholders Tuesday it is ready to go to a proxy fight with Southwest Airlines.
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The company says its business plan will rake in an additional $4 billion in earnings before interest and taxes by 2027.
Representatives with Elliott Investment Management, the Florida-based hedge fund that has accumulated a 11% stake in ...
Southwest Airlines executives have unveiled their vision for turning the carrier into an airline gives passengers assigned ...
Southwest executives rolled out changes to the carrier’s business model and made a case for the current leadership team to ...
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