Southwest Airlines, Gangwal
Rakesh Gangwal Buys Southwest Airlines Shares Worth $108 Million
An aviation industry veteran, Gangwal joined Southwest in July this year amid Elliott Investment Management, one of the airline's largest shareholders, seeking sweeping changes at the carrier.
Southwest Air Rises After Billionaire Gangwal Buys $108 Million of Shares
Southwest Airlines Co. shares are climbing after board member and billionaire co-founder of InterGlobe Aviation Ltd., Rakesh Gangwal, purchased about $107 million worth of the company’s stock, according to Securities and Exchange Commission filings on Thursday.
Southwest Airlines rises after billionaire board member buys $108M of shares
Southwest Airlines Co. shares are climbing after board member and billionaire co-founder of InterGlobe Aviation Ltd., Rakesh Gangwal, purchased about $107 million worth of the company’s stock, according to Securities and Exchange Commission filings on Thursday.
Southwest Airlines gains after a key board member invests $107M, backs current management
Southwest Airlines Co. (NYSE:LUV) pushed higher in premarket trading on Thursday after the airline company disclosed some insider buying action. Director Rakesh Gangwal bought 3,600,000 shares worth about $106.
A Southwest Airlines director bought $100 million in stock to fight activist investor Elliott
Southwest Airlines (LUV) just got a big endorsement of its turnaround plan — from the inside. Reuters reports that board of directors member Rakesh Gangwal, the founder of the Indian budget airline Indigo,
Southwest director buys 3.6 mln shares, opposes more leadership changes
Southwest Airlines Director Rakesh Gangwal, who was picked by the company to join its board amid growing pressure from an activist investor, bought more than $100 million in stock and said on Wednesday more top level leadership changes would be "counterproductive.
Rakesh Gangwal Buys $108 Million Southwest Shares
Rakesh Gangwal, IndiGo co-founder, has purchased 3.6 million shares of Southwest Airlines for USD 108 million, following a fallout with IndiGo co-founder Rahul Bhatia.
Southwest Airlines Director Buys $107 Million of Stock, Backs Leadership
Director Rakesh Gangwal just bought 3.6 million Southwest shares, and says that more changes “would be counterproductive and not in the best interest of shareholders.”
Southwest director buys 3.6 million shares, opposes more leadership changes
Southwest Airlines Director Rakesh Gangwal, who was picked by the company to join its board amid growing pressure from an activist investor, bought more than $100 million in stock and said on Wednesday more top level leadership changes would be "counterproductive.
Southwest Director Loads Up Shares Worth $100M Amid Activist Pressure
Rakesh Gangwal, director of Southwest Airlines ($LUV), has amassed shares worth $100 million in the past few trading sessions amid activist
Southwest new director Gangwal buys $100M stock, urges no more leadership shifts
Southwest Airlines (NYSE:LUV) board member Rakesh Gangwal, appointed during increased pressure from activist investor Elliott Investment Management, recently purchased over $100 million worth of company stock,
Indigo Co-Founder Rakesh Gangwal Invests $108 Million in Southwest Airlines Shares
Aviation veteran Rakesh Gangwal invests $108 million in Southwest Airlines, signaling confidence in the airline's growth ...
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New Southwest director backs leadership after making $100 million investment
The new Southwest director and IndiGo co-founder Rakesh Gangwal has purchased 3.6 million shares in the airline and backed ...
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IndiGo’s Rakesh Gangwal invests over $100mn in Southwest Airlines
Rakesh Gangwal, co-founder of India’s leading airline IndiGo, invested over $100 million in Southwest Airlines, a US carrier ...
IndiGo's Gangwal buys $100 million stake in Southwest
Rakesh Gangwal, co-founder of IndiGo, purchased $100 million worth of Southwest shares, between $29 and $30 each, following a ...
The Financial Express18h
Book review| The sky is indigo
The airline recently celebrated its 18th anniversary, where it announced plans to introduce business class in its flights.