Elliott, which owns 11% of Southwest, did not gain control of the board, and the airline made no major strategic shifts that ...

Elliott Investment Management is slightly increasing its economic exposure to 11.3% in Southwest Airlines Co. after agreeing ...

Southwest announced its third quarter earnings this week, and the results were not bad. (It’s easy to look good when you announce the same day as American….) But this wasn’t the most important news of ...

Southwest Airlines (LUV) and Elliott Management have reached a settlement agreement, avoiding a potential proxy fight. The deal includes appointing six new directors to Southwest's board — five ...

Southwest Airlines has given in to demands from Elliott Investment Management and agreed to restructure its board leadership ...

After months of tense negotiations and public stunts, it appears that the drama between West Palm Beach, Florida-based hedge ...

Southwest Airlines has named former US Airways CEO Rakesh Gangwal as its new independent chair of the board of directors. Gangwal joined the board in July, shortly after activist investor Elliott ...

Gangwal’s appointment marks the end of a tense battle with activist investor Elliott, which had long been pushing for significant leadership changes at Southwest. Rakesh Gangwal, co-founder of ...

Southwest Airlines Co. has announced an agreement with activist investor Elliott Investment Management that will reshape the ...

"I believe Southwest’s best days lie ahead," said Gary Kelly, who will soon step down as board chair as part of the deal.