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Read More »Activist investor takes $1.9 billion stake in Southwest Airlines, seeks to oust CEO and chair
Activist hedge fund Elliott Management has amassed a $1.9 billion stake in Southwest Airlines and plans to push for leadership changes at the airline that has lagged big rivals. The stake makes Elliott one of Southwest’s largest shareholders, according to FactSet. Shares of Southwest were up 7% in premarket trading Monday. The company had a market …
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