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Bob Jordan

Southwest Airlines activist investor pushes for special meeting of shareholders

Southwest Airlines is being pursued by an activist investor who, among other things, is demanding a new CEO. (Photo by Kevin Dietsch) Getty Images SSince June, when billionaire activist investor Paul Singer’s hedge fund first announced it had acquired a…

Elliott increases stake in Southwest Air and pushes forward restructuring plans

(Bloomberg) — Elliott Investment Management increased its stake in Southwest Airlines Co. to 9.7 percent, nearing the amount needed to call a special shareholder meeting at which the activist hopes to replace most of the airline’s board. Most read by…