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Activist Investor Elliott, Who Criticized Southwest Airlines For Poor Execution, Now Announces 7% Stake In Company Amid Talks Of Management Overhaul
Tuesday, August 6, 2024 - 8:31am | 472Read More...In a recent regulatory filing, Elliott Investment Management revealed that it has a beneficial ownership of 7% in Southwest Airlines (NYSE:LUV). What Happened: The 7% stake includes 23.3 million common shares and 18.6 million physical derivative agreements. This brings Elliott’s total...
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Tinder Parent Match Group Soars Nearly 9% In After-Hours Trading As Activist Hedge Fund Starboard Value, Led By Jeffrey Smith, Reportedly Acquires Over 6.5% Stake Amid Calls For Policy Changes
Tuesday, July 16, 2024 - 12:24am | 679Read More...The activist hedge fund Starboard Value which was founded in 2002 by Jeffrey Smith and Mark Mitchell with Smith serving as CEO has acquired a substantial stake in Match Group Inc (NASDAQ:MTCH), the parent company of Tinder. The fund is urging Match Group to enhance its margins or consider a sale if...
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'Poison Pill' Activated: Southwest Airlines Counters Elliott Investment's Move With Defense Strategy
Wednesday, July 3, 2024 - 8:54am | 528Read More...Southwest Airlines Company (NYSE:LUV) has implemented a limited-duration shareholder rights plan in response to an 11% stake by Elliott Investment Management. Gary Kelly, Executive Chairman of the Board, said, “In light of the potential for Elliott to significantly increase its position in...
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Southwest CEO Has 'No Plans To Resign' As Activist Investor Turns Screw (UPDATED)
Wednesday, June 12, 2024 - 5:20pm | 482Read More...Editor’s Note: The headline has been revised for clarity, and the article updated with comments from a Southwest spokesperson. Southwest Airlines Co (NYSE:LUV) CEO Bob Jordan is determined to keep his top spot at the company, despite pressure from an activist investor that is looking to shake...
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Elliott Management Reportedly Builds $2B Stake In Southwest Airlines, Plans To Push For Change
Sunday, June 9, 2024 - 10:15pm | 689Read More...Elliott Investment Management, an activist investor, has built a nearly $2 billion stake in Southwest Airlines Co (NYSE:LUV), and is set to advocate for changes to enhance the airline’s underperforming shares. What Happened: Elliott Investment Management, a hedge fund led by billionaire Paul...
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Elliott's Bold Play: SoftBank's AI Dreams Vs. Investor Demands
Thursday, June 6, 2024 - 8:39am | 606Read More...Activist investor Elliott Investment Management has taken a bold stance, buying a $2 billion stake in Japanese conglomerate SoftBank Group Corp (OTCPK:SFTBF) (OTCPK:SFTBY) and demanding a $15 billion share buyback, according to the Financial Times. The underlying message? Investors like Elliott...
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Why Is Tinder Parent Match Group Stock Trading Higher Tuesday?
Tuesday, January 9, 2024 - 12:16pm | 502Read More...Match Group, Inc (NASDAQ: MTCH) stock is seeing an uptick Tuesday as Elliott Investment Management, a notable hedge fund, has acquired a significant stake in the parent company of various dating platforms, including Tinder, Hinge, OkCupid, and Plenty of Fish. Elliott's...
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Twitter CEO Jack Dorsey Survives Elliott Ax As Company Offers Concessions
Monday, November 2, 2020 - 10:40pm | 472Read More...Twitter Inc (NYSE: TWTR) CEO Jack Dorsey is set to continue at the helm of the company after a board committee appointed earlier this year to look into leadership and succession recommended that the current management stays in place. What Happened: The committee, formed with the cooperation of...









