Southwest Airlines, Gangwal
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 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 & Southwest Airlines Director Buys $100 Million More Stock Opposing Elliott's Push For Management Change
Rakesh Gangwal, co-founder of IndiGo and a board of directors member at Southwest Airlines, had gone on a shopping spree to acquire the latter airline’s shares, with the director now owning over 3.6 million of common shares of Southwest Airlines.
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,
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 its leadership.
Southwest Airlines Director Rakesh Gangwal Invests Over $100M In Shares Amid Elliott Management's Pressure For Leadership Changes
Rakesh Gangwal, a director at Southwest Airlines Co (NYSE:LUV), has made a significant investment in the company by acquiring 3.6 million shares, valued at over $100 million. This purchase comes amid mounting pressure from activist investor Elliott Investment Management for changes in leadership.
Southwest Airlines gains after a key board member invests $107M, backs current management
Southwest Airlines (LUV) stock rises in premarket trading as insider Rakesh Gangwal buys $106.7 million worth of shares, showing support for
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 Airlines board member buys 3.6M shares
Southwest Airlines (LUV) stock climbed Thursday after board member Rakesh Gangwal made a significant investment in the company. Gangwal purchased 3.6 million shares, valued at approximately $108 million,
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 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
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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 ...
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 ...