Elliott Investment Management Takes $1.9 Billion Stake in Southwest Airlines from evaluation reporting system login Watch Video
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⏲ Duration: 1:31 👁 View: 85K times ✓ Published: 12-Jun-2024
Description: Elliott Investment Management , Takes $1.9 Billion Stake in Southwest Airlines.<br/>The firm made the announcement <br/>on June 10, CNN reports. .<br/>It also said Southwest needs new leadership.<br/>Southwest’s poor execution and leadership’s <br/>stubborn unwillingness to evolve the <br/>company’s strategy have led to deeply <br/>disappointing results for shareholders, <br/>employees and customers alike, Elliott Investment Management, via statement.<br/>Southwest’s rigid commitment <br/>to a decades-old approach has <br/>inhibited its ability to compete <br/>in the modern airline industry, Elliott Investment Management, via statement.<br/>The airline's stock increased over 6% <br/>following the news on June 10.<br/>While Elliott didn't give specific details about the changes it would like to implement, .<br/>it did say that it wants to provide <br/>\