Southwest Airlines Co. ceded further ground to activist shareholder Elliott Management on Wednesday with an amended agreement that will allow Elliott hold a bigger stake in the airline than ...
After announcing it would start adding bag fees, is Southwest catching up to its competition or is it losing its uniqueness?
DALLAS — Southwest Airlines has announced ... since disclosing an 11% economic stake in Southwest last year (enough to call a special board meeting), Elliott Investment Management has also ...
Editors’ note: On March 11, 2025, Southwest Airlines ... the news of Elliott’s stake in Southwest first broke, last June, to the day before the layoffs, the airline’s stock rose by just ...
The move came after months of relentless pressure from hedge fund Elliott Management, which has demanded big changes to the way Southwest ... stock-price gains after activists take a stake in a ...
Southwest will start charging customers to check bags, launch basic economy tickets in a bid to drive up revenue.
The company ... stock to vote. However, since in this case the requirement is a tender of 50% of disinterested shares, even if Elliott owns swaps (and assuming the counterparty does not take ...
Shares of Southwest Airlines ... Elliott Management, which owns a 9% stake in the budget carrier. For the JPMorgan analyst there is however a difficulty in finding other buyers of the stock.