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Elliott acquires enough stake to call Southwest shareholders meeting

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dallasnews.com

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newsletters@dallasnews.com

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Tue, Sep 3, 2024 02:18 PM

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They disclosed intentions to call a special meeting weeks ago. Elliott Investment Management, the ac

They disclosed intentions to call a special meeting weeks ago. [BUSINESS NEWS ALERT]( [Elliott reaches 10% stake in Southwest Airlines, enough to call shareholder meeting]( Elliott Investment Management, the activist investor aggressively pushing for change at Dallas-based Southwest Airlines, says it now has control of the required [10% of shares needed to call a special shareholder meeting](. The total beneficial ownership was disclosed in a government filing Tuesday and shows Elliott had reached over 61 million common shares. According to Southwest’s corporate bylaws, the hedge fund, which first disclosed an 11% economic interest in Southwest in June, can request a special shareholders meeting. [READ MORE]( [The Dallas Morning News]( [Facebook]( [Instagram]( [X (formerly Twitter)]( [YouTube]( --------------------------------------------------------------- [Account Login]( | [Help Center]( | [Privacy Policy]( | [Terms of Service]( [Manage Preferences]( | [Unsubscribe]( ©2024 The Dallas Morning News • 1954 Commerce St. • Dallas, TX 75201

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