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Elliott Investment Management News

Elliott Investment Management News

July 10, 2024

In June, Elliott Investment Management bought a $1.9 million stake in Southwest Airlines with plans to push for reversing the airline's underperformance. In response, SWA adopted a shareholder rights plan and appointed Rakesh Gangwal to its board.

Read the latest news: 

Dallas Morning News: Southwest Airlines adopts ‘poison pill’ plan after pressure from investor Elliott

Reurters: Activist investor Elliott threatens Southwest Airlines proxy fight for leadership changes

Barrons: Southwest’s Activist Battle Is Heating Up. Elliott Cites ‘Overwhelmingly Supportive Feedback.'

CNBC: Southwest Airlines activist Elliott threatens proxy fight for new leadership