Charlotte, North Carolina-headquartered conglomerate Honeywell International is reportedly making plans to split into two separate publicly traded companies. The decision came after pressure from activist investor Elliott Management.
According to Bloomberg, Honeywell intends to split its operations into one company that will focus on automation...
Southwest Airlines has reportedly engaged in talks with activist investor Elliott Management to negotiate a settlement that would result in avoiding a proxy fight.
After unveiling a $2 billion stake in Southwest in June, Elliott began pushing for changes at the struggling airline and demanded...
Southwest Airlines’ executive chairman Gary Kelly announced on Tuesday that he will step down from his position and “voluntarily retire.” The airliner also revealed that six of its board directors will also leave their positions.
The executive shakeup at Southwest comes amid pressure from activist...
The showdown between airliner Southwest Airlines and activist investor Elliott Management has taken a new twist. According to Reuters, Elliott now has enough Southwest’s shares to call a “special meeting”.
Elliott unveiled that it had 11% economic interest in Southwest earlier this year and embarked...
Activist investor Elliott Management continues to put pressure on troubled airliner Southwest Airlines to make leadership changes.
Elliott sent a letter to Southwest Airlines on Monday in which it detailed its demands that would help the company achieve “transformational change.” The activist also stated it...
Former Starbucks CEO Howard Schultz believes that the coffeehouse chain should not make a settlement with activist investor Elliott Management.
Elliott built up a sizeable stake in Starbucks recently and has been pushing the company to improve its underperforming stock, including demands for board representation....
