Deals
Elliott Requests Special Meeting at Southwest Airlines
- Activist nominates eight directors, seeks meeting Dec. 10
- Activist headed for first US proxy fight since Arconic in 2017
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Elliott Investment Management has called for a special shareholder meeting at Southwest Airlines Co., officially kicking off the firm’s first US proxy fight since 2017.
The activist has requested the meeting take place on Dec. 10, so that its fellow investors can vote on its raft of new board nominees, according to a statement on Monday that confirmed an earlier Bloomberg News report.