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Southwest Airlines Ends Feud With Activist Investor Elliott

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Updated: Oct 25, 2024

WSJ ($) (October 24, 2024) -- Southwest Airlines struck a truce with Elliott Investment Management, giving the activist a significant presence on its board but not the majority control the hedge fund initially sought.


The settlement announced Thursday deflects a potentially rancorous proxy fight and ends the acrimonious four-month battle over whether Southwest’s management is capable of pulling the airline out of a funk. 


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