Southwest settles proxy fight with hedge fund

Name: Southwest settles proxy fight with hedge fund
Uploaded: 2024-10-24T22:47:09Z
Duration: 3 min 5 s
Description: 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 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.

Posted October 24, 2024 5:47pm CDT