The Dallas-based airline is shrinking its board from 15 members to 13 as part of an agreement with activist investor Elliott ...

Two more board members of Dallas-based Southwest Airlines are stepping down in April, concluding an overhaul of the carrier’s ...

American Greetings, the second-largest U.S. greeting card company, has a new majority owner. Learn about other Northeast Ohio M&A deals this week.

Southwest Airlines' board overhaul continues as part of changes initiated by the hedge fund Elliott Investment Management.

Elliott Investment Management acquired a stake in Southwest Airlines Co. for $2 billion. This is reported in a press release from Elliott. As a result of the deal, Elliott became one of Southwest's ...

Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...

Activist investor Elliott Investment Management has built a stake in London-listed oil major BP , a person familiar with the issue said, boosting shares to their highest since August in early trade on ...

BP's U.S.-listed shares are rising 6% in premarket trading Monday following reports that activist hedge fund Elliott Investment Management has amassed a stake in the British oil giant and is seeking ...

The remarks come amid pressure from activist investor Elliott Investment Management ... review of Southwest Airlines' business while simultaneously building its stake in the carrier.