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Southwest Air Names Aviation Industry Veteran Gangwal to Board

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Southwest Airlines Co., which is facing demands for sweeping leadership and business changes from activist Elliott Investment Management, has named aviation industry veteran Rakesh Gangwal to its board.

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Southwest Air adopts 'poison pill' as activist investor Elliott takes significant stake in companySouthwest Airlines has adopted a ‘poison pill’ following activist investor Elliott Investment Management taking a significant stake in the company.
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