Southwest Airlines In Settlement Talks With Activist Investor Elliott Management To Avoid Proxy Fight For Board Control: Report

Quick Summary:

Elliott Investment Management and Southwest Airlines (NYSE:LUV) have begun discussing a potential settlement that could avoid a proxy fight for control of the airline company’s board.

What Happened: Elliott has proposed a plan that involves giving it representation on the airline’s board without control, Bloomberg reported on Saturday, citing people familiar with the matter.

However, they haven’t been finalized and could also be unsuccessful, it said.Benzinga has reached ...

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Anan Ashraf

Category: Technology

Markets: United States

Topics: Media Elliott Management News LUV Benzinga Tech Southwest Airlines Mobility Elliott Investment Management US8447411088

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-20 @ 04:17:42 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 279 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23130750

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 7 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 14 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions