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Southwest settles proxy fight with hedge fund
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 now — a monthslong fight with Elliott Investment Management, which is pressuring the airline to boost profits and the stock price.
Southwest settles proxy fight, reports smaller profit
Southwest Airlines reached a settlement with an activist investor by agreeing to overhaul its board, ending — at least for now — a monthslong fight with Elliott Inv
Southwest settles proxy fight with hedge fund and reports smaller third-quarter profit
Southwest said Chairman Gary Kelly and six current board members will depart Nov. 1, to be replaced by candidates backed by Elliott Investment Management.
2 light planes collide in Sydney's southwest
Two planes go down in fatal crash in Sydney’s southwest
Three people are dead after two light planes crashed into each other in Sydney’s southwest. NSW Police confirmed they responded to a fatal plane crash about 11.50am in the vicinity of Belimbla Park near Oakdale on Saturday. Police have since confirmed three men died in the crash.
Two light planes collide in Sydney's southwest
Fatalities have been confirmed after two light planes collided mid-air in Sydney's southwest. Emergency services responded to reports of the collision near Belimbla Park around midday on Saturday. Police have not yet confirmed the number of deaths in the incident.
Emergency as two light planes in deadly collision
Emergency crews have rushed to two crash sites after a fatal collision between light planes in Sydney's southwest.
17h
on MSN
The rapid descent of Southwest Airlines: How the company plunged from customer cult-favorite to activist investor target
Southwest was a customer darling. But 'active inertia' hobbled the stock and precipitated a leadership crisis.
2d
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 ...
1d
Southwest Airlines settles boardroom feud with activist investor Elliott
Southwest Airlines reported a surprise third-quarter profit on Thursday, benefiting from improved pricing and demand, as well ...
Click2Houston
43m
Southwest flights to Houston diverting to other cities due to ‘hot brakes’ emergency at Hobby Airport
Several flights with Southwest Airlines that were scheduled to fly into Houston are diverting to other nearby cities due to ...
2d
on MSN
Southwest Airlines Executive Chairman Gary Kelly retires early, Board announces new members
Kelly's retirement and Southwest's appointment of six new board members follow mounting pressure from hedge fund Elliot ...
1d
on MSN
Activist Investor Elliott Wins Southwest Board Seats Amid Feud
The airline gave the activist a significant presence on its board but not the majority control the hedge fund initially ...
Skift
2d
Southwest Appoints 6 New Directors, CEO Bob Jordan Hangs On in Deal With Elliott
The appointment of the new directors ends Southwest’s months-long battle with Elliott, which was poised to turn into a proxy ...
2d
on MSN
Southwest Airlines activist investor group deal adds six board members, CEO stays
Southwest Airlines Thursday reached an agreement with activist investor Elliot Investment Management to head off a proxy ...
1d
Shots fired at home in southwest Fresno, police say
Police received a 10 round ShotSpotter activation in the area. They arrived to find the home hit by multiple gunshots.
Skift
2d
Southwest Sees Strong Holiday Bookings, Says It’s Prepared for Uncertainty With Boeing
Southwest’s third-quarter earnings beat Wall Street estimates, a bright spot for the carrier that has been fending off an ...
1d
on MSN
Southwest service to Hawaii could be impacted after settlement with rebel shareholder
Southwest Airlines has reached a peace agreement with activist shareholder Elliott Investment Management, a development that ...
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