Tag: Activist investor
Southwest Airline and Elliott Reach Agreement on CEO, Board Changes
Southwest Airlines and activist investor Elliott Investment Management have reached an agreement that will prevent a proxy fight. This deal includes adding six new directors to the airline's board and speeding up the retirement...
Increasing Profits: Cevian’s Involvement in Smith & Nephew’s Medical Device Company
Smith & Nephew, a British medical technology company, has caught the attention of activist investor Cevian Capital. Cevian recently acquired a 5.11% stake in the company, believing that there is untapped potential for increased...