AssetID: 53845068
Headline: Elliott Investment Management Takes $1.9 Billion Stake in Southwest Airlines
Caption: The firm made the announcement on June 10, CNN reports. It also said Southwest needs new leadership. "Southwest's poor execution and leadership's stubborn unwillingness to evolve the company's strategy have led to deeply disappointing results for shareholders, employees and customers alike.", Elliott Investment Management, via statement.
Keywords: Elliott Investment Management,Southwest Airlines,Billion,Stake,Shareholders,Evolve,Company,Poor,Execution,Leadership,CEO,Announcement,Stubborn,Florida,Founded,Firm,Travel Company,Planes
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