Elliott Management said Tuesday it will call a special meeting at Southwest Airlines as soon as next week.
Activist investor Elliott Management said Tuesday it will call a special meeting at Southwest Airlines"as soon as next week."
The activist has put forward a ten-director slate comprised of airline executives and former regulators or government officials."as soon as next week," shortly after the company put forward a sweeping board shakeup that it hoped might stave off a proxy fight.The push comes days before the airline's investor meeting, where it is expected to unveil improvements and operating changes.
support the Company's current course, which is being charted in a haphazard manner by a group of executives in full self-preservation mode," Pike and Xu wrote. Elliott said Southwest's advisors were maneuvering to limit the number of shareholders eligible to vote, via something known as a"false record date."
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