Browsing: Elliott Management
The rapid descent of Southwest Airlines: How the company plunged from customer cult-favorite to activist investor target
In late December of 2022, an “extratropical cyclone” brought all manner of menacing winter conditions to two-thirds of the U.S.,…
Southwest Airlines pitched a new vision at the company’s investor day on Thursday morning as part of a bid to…
Southwest investor asked the board to dump its CEO over the airline’s struggles. Now it wants to oust the board.
Elliott Investment Management plans to nominate a slate of candidates for Southwest Airlines Co.’s board, escalating the activist investor’s push…
Tech stocks take a pounding as hedge fund Elliott warns AI trades like Nvidia are in ‘bubble land’
The unwinding of the AI trade, triggered by a recent run of disappointing quarterly earnings, has turned into a bloodbath…
In the first half of the year, 449 U.S. companies were subject to demands from activist investors, a 9% jump…
Southwest Airlines tagged in a billionaire board member, infuriating one of its investors
Southwest Airlines Co. appointed aviation industry veteran Rakesh Gangwal to its board, an effort to fortify the carrier’s leadership amid…
Elliott Investment Management has built a roughly $1 billion stake in Anglo American Plc, the UK-listed miner that’s received an…
Bill Ackman spilled details about the time he was at the mercy of another activist investor—only to be saved by a ‘handshake’ deal with Jamie Dimon’s bank
Elliott Investment Management targeted Pershing Square Holdings in 2017, when Paul Singer’s firm privately tried to force fellow activist Bill…