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Top Southwest shareholder signals support for Elliott Management's activist campaign - TL;DR CNBC

Top Southwest shareholder signals support for Elliott Management's activist campaign

Publishing timestamp: 2024-06-12 17:21:31


Summary

Artisan Partners, a major shareholder of Southwest Airlines, supports activist Elliott Management's campaign to oust the CEO and Executive Chairman. Elliott is seeking a comprehensive business review in addition to leadership changes. Southwest Airlines has stated that it welcomes feedback from all shareholders.


Sentiment: MIXED

Tickers: LUVAPAM

Keywords: pre-marketssouthwest airlines cobreaking news: technologybusinesstransportationartisan partners asset management incbreaking newsgary c. kellybusiness newsbreaking news: businessairlinestechnology

Source: https://www.cnbc.com/2024/06/12/southwest-elliott-artisan-ceo-change.html


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