Firm buys stake in Southwest Airlines
Activist shareholder Elliott Investment Management has bought a $1.9 billion stake in Southwest Airlines and is seeking to force out the CEO of the airline, which has struggled with operational and financial problems.
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The story so far
2 developments- Jun 10, 2024Firm buys stake in Southwest Airlines
- Jun 12, 2024Southwest Airlines CEO says he's not quitting after an activist investor told him to get lost
Who covered each development
No new developments
Quiet for 839 daysLast development · Jun 12, 2024 — Southwest Airlines CEO says he's not quitting after an activist investor told him to get lost
Left
2 viewpointsSouthwest Airlines CEO says he's not quitting after an activist investor told him to get lost
Activist investor takes $1.9 billion stake in Southwest Airlines, seeks to oust CEO and chair
Center
9 viewpointsSouthwest Airlines CEO says he won't resign. A hedge fund is trying to get him fired
Activist investor buys $1.9 billion stake in Dallas-based Southwest Airlines
Activist investor takes $1.9B stake in Southwest Airlines, calls for leadership changes
Right
3 viewpointsSouthwest Airlines CEO says no plans to step down despite pressure from activist Elliott
Activist investor wants to force out Southwest Airlines CEO after buying $1.9bn stake
Activist investor slams Southwest Airlines CEO, board for ‘poor execution,’ seeks new leaders