Southwest and Elliott near settlement which would end proxy fight, source says
Southwest Airlines(LUV) CNBC·2024-10-24 10:38
A Southwest Airlines Boeing 737 jet departs from San Diego International Airport en route to St. Louis on August 24, 2024 in San Diego, California.Activist investor Elliott Investment Management and Southwest Airlines are close to a settlement deal that would give the dissident sizable representation on the company's board, according to a person familiar with the matter.The settlement could be announced as soon as Thursday, said the person. A spokesperson for Southwest did not immediately return requests fo ...