Amid Tussle With Southwest Airlines, Activist Investor Elliot Launches Podcast To Influence Shareholders
Portfolio Pulse from Benzinga Neuro
Elliott Investment Management has launched a podcast to influence Southwest Airlines shareholders, advocating for leadership changes. Elliott holds an 11% stake in Southwest and is pushing for a new CEO and board members. The podcast is part of a broader strategy to exert influence over the airline, with a shareholder vote scheduled for Dec. 10.
October 21, 2024 | 12:16 pm
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Elliott Investment Management, holding an 11% stake in Southwest Airlines, has launched a podcast to influence shareholders and push for leadership changes. This move is part of a broader strategy to improve the airline's performance, with a shareholder vote on Dec. 10.
Elliott's significant stake and active campaign for leadership changes could lead to strategic shifts at Southwest Airlines, potentially boosting investor confidence and stock performance. The podcast is a novel approach to engage shareholders directly.
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