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Elliott Investment Management

Southwest Airlines director buys $100 million worth of stock to fight activist Elliott

In this story Southwest Airlines (LUV) just got a lot of support for its turnaround plan – from within. Reuters reports that board member Rakesh Gangwal, the founder of Indian budget airline Indigo, bought a block of shares in the…

Elliott calls special meeting of Southwest shareholders to discuss leadership change

(Reuters) – Activist investor Elliott Investment Management escalated its power struggle with Southwest Airlines (LUV) on the board of directors on Tuesday, announcing it would call an extraordinary shareholders meeting as early as next week to reform the airline’s leadership….

Elliott increases stake in Southwest Air and pushes forward restructuring plans

(Bloomberg) — Elliott Investment Management increased its stake in Southwest Airlines Co. to 9.7 percent, nearing the amount needed to call a special shareholder meeting at which the activist hopes to replace most of the airline’s board. Most read by…