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 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,
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 Director Buys Over $100M In Stock, Wary Of Further Turnover
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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 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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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 ...
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Southwest Air Rises After IndiGo Co-Founder Gangwal Buys $108 Million Of Shares
In a series of transactions disclosed over seven filings, Gangwal acquired 3.6 million of the carrier’s common shares for ...
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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 ...
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Southwest’s feud with Elliot heats up ahead of investor day
Southwest Airlines' increasingly acrimonious public feud with minority shareholder Elliot Investment Management has heated up ...
Southwest Airlines Appoints Former Spirit Airlines CEO Robert Fornaro To Board Of Directors
Southwest Airlines has appointed Robert Fornaro to its board of directors as it continues to overhaul its board amidst a proxy battle with activist investor Elliot Investment Management (Elliott). The ...