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    • Gary Kelly

    Southwest Air soars after billionaire Gangwal buys 8 million worth of shares
    Utah

    Southwest Air soars after billionaire Gangwal buys $108 million worth of shares

    (Bloomberg) — Southwest Airlines Co. shares are rising after InterGlobe Aviation Ltd. board member and billionaire co-founder Rakesh Gangwal bought about $107 million worth of company stock, according to Securities and Exchange Commission filings from Thursday. Most read by Bloomberg…

    Posted on Caradoc Wyn
    Southwest’s CEO just oversaw a major board reshuffle — but Elliott is still gunning for his job
    Tennessee

    Southwest’s CEO just oversaw a major board reshuffle — but Elliott is still gunning for his job

    Perhaps no activist investor is more famous for shaking up big companies than Elliott Management. Earlier this year, for example, hedge fund pressure forced Starbucks to oust its CEO and replace him with Chipotle CEO Brian Niccol. But even by…

    Posted on Eira Gwyneth

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