Southwest activist investor to call special meeting “as soon as next week”

Activist investor Elliott Investment Management, which holds an 11% stake in Southwest Airlines, intends to call a special meeting at the Dallas airline in “the coming weeks” – possibly “as soon as next week”, it said in an open letter on September 25, 2024. It comes ahead of Southwest’s investor day on September 26, 2024. The investor crossed the 10% stake threshold in late August, allowing it to call a special meeting. Elliott said there is an “urgency” to make changes to management at Southwest. “We will be formally requesting a special meeting to provide you with a choice between