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Activist investor buys $1.9 billion stake in Dallas-based Southwest Airlines
Posted
June 11, 2024
Views
10,802
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100
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June 11, 2024
10,802
100
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3:09Now PlayingOn Monday, Elliott Investment Management bought an 11% stake in the company for $1.9 billion. In a letter to the company board, Elliott called on the airline to make leadership changes and replace CEO Bob Jordan and executive chairman Gary Kelly.
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