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Market Chatter: Elliott Said to Seek Special Meeting at Southwest Airlines

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Market Chatter: Elliott Said to Seek Special Meeting at Southwest Airlines

Oct 17, 2024 2:38 PM

08:17 AM EDT, 10/14/2024 (MT Newswires) -- Elliott Investment Management has notified Southwest Airlines ( LUV ) that it is requesting a special meeting of shareholders, Bloomberg reported Monday, citing people with knowledge of the matter.

Elliott nominated eight directors to the Southwest ( LUV ) board and is looking to replace the same number of board members, the people reportedly told Bloomberg.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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