Elliott Sends Second Open Letter to Its Fellow Shareholders of Southwest Airlines (LUV)

Jul 12, 2024

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Key Summary: On July 8, 2024, Elliott Investment Management L.P. urged Southwest Airlines' Board to overhaul leadership due to underperformance and shareholder dissatisfaction, criticizing actions like reduced revenue guidance and adopting a "poison pill." Elliott called for immediate Board reconstitution with independent executives and a new CEO. On Au…

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Snowball Research

Elliott Sends Second Open Letter to Its Fellow Shareholders of Southwest Airlines (LUV)

This post is for paid subscribers