Elliott, Southwest in early settlement talks for significant board representation, sources say

A Southwest Airlines plane takes off from Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, US, on Friday, July 12, 2024.Elliott Investment Management and Southwest Airlines have been discussing a settlement that would give the activist investor significant representation on the airline's board, according to people familiar with the matter.The settlement talks are predicated on a deal that would give Elliott less than full board control, said the people, who asked not to be named b ...