Activist investor Elliott doubles down on Southwest proxy fight

Activist hedge fund Elliott Investment Management has stepped up its calls for management changes at Southwest Airlines in a letter to shareholders. Elliott, led by billionaire investor Paul Singer, has earned a reputation for its sometimes aggressive approach to turning around struggling companies. The company recently played a key role in the ousting of Starbucks […]

Activist investor Elliott pushes to grab control of Southwest Airlines board

Activist hedge fund Elliott Investment Management has launched a fight to take control of Southwest Airlines’ board of directors in an effort to oust the airline’s CEO and turn around the airline’s performance, the company said. Elliott is seeking to replace 10 of the 15 directors, intensifying a proxy fight over who should lead the […]

Activist investor Elliott threatens Southwest with board fight

Activist investor Elliott Investment Management warned Monday of a possible proxy fight to force changes in management at low-cost carrier Southwest Airlines. in Letter to Southwest’s Board of DirectorsElliott said it was open to cooperation but planned to “move expeditiously to engage shareholders directly to provide input on any necessary management changes.” Elliott, known for […]