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Southwest Airlines, elliott investment management
IndiGo Co-Founder & Southwest Airlines Director Buys $100 Million More Stock Opposing Elliott's Push For Management Change
Rakesh Gangwal, co-founder of IndiGo and a board of directors member at Southwest Airlines, had gone on a shopping spree to acquire the latter airlineâs shares, with the director now owning over 3.6 million of common shares of Southwest Airlines.
A Southwest Airlines director bought $100 million in stock to fight activist investor Elliott
Southwest Airlines (LUV) just got a big endorsement of its turnaround plan — from the inside. Reuters reports that board of directors member Rakesh Gangwal, the founder of the Indian budget airline Indigo,
Southwest Airlines Director Rakesh Gangwal Invests Over $100M In Shares Amid Elliott Management's Pressure For Leadership Changes
Rakesh Gangwal, a director at Southwest Airlines Co (NYSE:LUV), has made a significant investment in the company by acquiring 3.6 million shares, valued at over $100 million. This purchase comes amid mounting pressure from activist investor Elliott Investment Management for changes in leadership.
Southwest director buys 3.6 million shares, opposes more leadership changes
Southwest Airlines Director Rakesh Gangwal, who was picked by the company to join its board amid growing pressure from an activist investor, bought more than $100 million in stock and said on Wednesday more top level leadership changes would be "counterproductive.
Southwest Airlines Director Buys $107 Million of Stock, Backs Leadership
Director Rakesh Gangwal just bought 3.6 million Southwest shares, and says that more changes “would be counterproductive and not in the best interest of shareholders.”
Southwest Director Loads Up Shares Worth $100M Amid Activist Pressure
Rakesh Gangwal, director of Southwest Airlines ($LUV), has amassed shares worth $100 million in the past few trading sessions amid activist
Southwest new director Gangwal buys $100M stock, urges no more leadership shifts
Southwest Airlines (NYSE:LUV) board member Rakesh Gangwal, appointed during increased pressure from activist investor Elliott Investment Management, recently purchased over $100 million worth of company stock,
Southwest Airlines gains after a key board member invests $107M, backs current management
Southwest Airlines Co. (NYSE:LUV) pushed higher in premarket trading on Thursday after the airline company disclosed some insider buying action. Director Rakesh Gangwal bought 3,600,000 shares worth about $106.
49ers Webzone
4d
49ers’ Fred Warner will undergo tests on ankle; Jordan Elliott’s injury not believed to be an ACL
Fred Warner's absence from the second half of Sunday's game against the New England Patriots was not a result of the San ...
Hosted on MSN
4d
Fred Warner tried to return during 49ers-Patriots but couldn't; Jordan Elliott's injury not believed to be an ACL
Fred Warner's absence from the second half of Sunday's game against the New England Patriots was not a result of the San ...
3d
49ers' Jordan Elliott: Considered day-to-day
Elliott (ankle) is considered day to day after being injured in Sunday's win over New England, Matt Barrows of The Athletic reports.
49ers Webzone
6d
John Lynch: 49ers optimistic about Jordan Elliott’s status, concerned about Curtis Robinson
San Francisco 49ers general manager John Lynch joined Bay Area radio station KNBR on Friday morning, addressing the injuries ...
Hosted on MSN
7d
49ers DT Jordan Elliott also carted off the field during practice
The San Francisco 49ers received more bad injury news on Thursday. After reporters witnessed linebacker Curtis Robinson being ...
7d
on MSN
Activist hedge fund Elliott slams Southwest CEO Bob Jordan as shares soar 7%
The activist hedge fund – led by billionaire Paul Singer – encouraged shareholders to call back their shares and reaffirmed ...
49ers Webzone
6d
Jordan Elliott returns to 49ers practice after injury; Deebo Samuel, George Kittle practice
San Francisco 49ers defensive end Jordan Elliott returned to the field for Friday's practice after being carted off the day ...
2d
on MSN
NASCAR Insiders Cast Doubt On Chase Elliott's Playoff Chances
Two NASCAR insiders are uncertain if Chase Elliott will be one of the four drivers competing in the Championship 4.
7d
on MSN
Southwest raises revenue outlook, reveals changes under pressure from activist hedge fund Elliott
The company says its business plan will rake in an additional $4 billion in earnings before interest and taxes by 2027.
6d
49ers list Hufanga, Williams as questionable with Samuel, Elliott, Winters
The 49ers listed Deebo Samuel, Trent Williams and Talanoa Hufanga as questionable for Sunday’s game against the New England ...
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