Elliott and Southwest Airlines Close to Settlement to Avoid Board Battle

Reported about 1 month ago

Elliott Investment Management and Southwest Airlines are reportedly nearing a settlement that could prevent a proxy battle for control of the airline's board. The deal would likely give Elliott some board seats but not a majority. Negotiations are ongoing, with an announcement possible soon. The outcome could affect CEO Bob Jordan's position, but details remain unclear as discussions continue.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis