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Southwest, Elliott Investment Management

The New York Times · 2h

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.

Dallas Morning News on MSN · 6h

Southwest Airlines reaches settlement with Elliott, adds new directors to board

Southwest Airlines has given in to demands after months of an ongoing battle with activist investor Elliott Investment Management and agreed to restructure board leadership in a new settlement. Longtime CEO and executive chairman Gary Kelly and six ...

Investopedia · 4h

Southwest Reaches Deal With Activist Elliott, Adding 6 New Directors to Board

Southwest Airlines announced a resolution to its discussions with activist investor Elliott Investment Management and reported better-than-expected earnings.

Southwest Airlines Tops Profit Estimates

Bloomberg on MSN · 4h

Southwest Air Tops Profit Estimates as Cost Cuts Take Hold

Southwest Airlines Co. reported third-quarter profit more than double Wall Street’s estimates, a needed boost as the carrier tries to shore up financial results following a bruising fight with activist Elliott Investment Management that came to an end Thursday.

Wall Street Journal · 7h

Southwest Airlines Revenue and Profit Beat Expectations

Southwest Airlines posted stronger-than-expected quarterly sales and profit, as executives said turnaround efforts are taking shape. The airline reported a record $6.87 billion in operating revenue for the September quarter,

CNBC on MSN · 7h

Southwest Airlines profit tops estimates, expects higher revenue in fourth quarter

Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.

4hon MSN

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 ...

Texas Public Radio6m

Southwest Airlines names new directors, enters agreement with management firm

The Dallas-based airline announced six new independent directors after facing months of pressure from investment management ...

Springfield News-Sun10m

Southwest settles proxy fight with hedge fund as Q3 profit shrinks. American loses money

Southwest Airlines reached a settlement with an activist investor by agreeing to overhaul its board, ending — at least for ...

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