09:53 AM EDT, 10/21/2024 (MT Newswires) -- Southwest Airlines ( LUV ) and Elliott Investment Management may be nearing a truce after a public battle that has lasted over four months, Bloomberg reported Monday, citing people familiar with the matter.

The airline and the activist investor have been discussing a possible settlement that would avoid a proxy fight for control of Southwest's ( LUV ) board, the people reportedly told Bloomberg.

Neither Southwest ( LUV ) nor Elliott immediately responded to requests for comment from MT Newswires.

(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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