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    Southwest Airlines threw in the towel in its fight against activist investor Elliott

    Southwest Airlines threw in the towel in its fight against activist investor Elliott

    “We believe the strategic changes Southwest has announced since we commenced our engagement, together with the new independent directors and governance improvements, will position the Company to enhance business performance, drive operational execution and evaluate additional changes to create long-term shareholder value,” said Elliott partner John Pike and portfolio manager Bobby Xu in a statement.