Activist hedge fund Elliott doubles down on Southwest Airlines proxy fight

Activist hedge fund Elliott Investment Management doubled down on its calls to turn over Southwest Airlines leadership in a letter to shareholders. Elliott, headed by billionaire investor Paul Singer, has gained a reputation for turning around downtrodden companies with a sometimes aggressive approach. Most recently, the firm was integral in pushing out Starbucks CEO Laxman Narasimhan and appointing Brian Niccol, the former Chipotle boss who led the chain’s shares skyward.  4 Activist investor Elliott Inv ...