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.”
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 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.
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.
Southwest Director Buys Over $100M In Stock, Wary Of Further Turnover
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Southwest Airlines details plans to fight off activist investor Elliott Management
Southwest Airlines is launching a new plan to return the carrier to profitability and has added a new director to its board, amid an ongoing battle with activist investor Elliott Investment Management.
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Southwest Airlines sues City of San Antonio, airports director as Oct. 1 deadline looms
The airline filed a lawsuit Thursday in U.S. District Court against the city and San Antonio International Airport Director of Airports Jesus Saenz. In the suit, Southwest Airlines alleges ...
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Southwest Airlines Investor Calls For Special Meeting
There’s possible trouble inside the Southwest Airlines family. Lack of financial success this ... and handing control of the Board to Elliott and its Director candidates – when Elliott has not ...
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In September 2021, the Lee County Port Authority, which is in charge of Southwest Florida International Airport (RSW) in Fort ...
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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 ...