American Greetings, the second-largest U.S. greeting card company, has a new majority owner. Learn about other Northeast Ohio M&A deals this week.

Elliott Investment Management acquired a stake in Southwest Airlines Co. for $2 billion. This is reported in a press release from Elliott. As a result of the deal, Elliott became one of Southwest's ...

The move comes after a dispute with the activist firm Elliott Investment Management. Southwest Airlines is pausing corporate hiring to cut costs, a company spokesperson confirmed to Business Insider.

Southwest Airlines CEO Bob Jordan said on Wednesday he has no intention of stepping down despite pressure from activist Elliott Investment Management. Elliott Investment Management on Monday told ...

Southwest Airlines is pausing corporate hiring ... The decision follows a contentious interaction with activist investor Elliott Investment Management, which ended in a settlement granting board ...

Southwest Airlines said Tuesday that it would ... in a partial concession to hedge fund Elliott Investment Management, which has been pushing for changes at the airline. Elliott, the fund led ...

Participants allege that the airline failed to remove a large-cap growth investment option after ‘15 years of ...

Southwest Airlines CEO Bob Jordan said on Wednesday he has no intention of stepping down despite pressure from activist Elliott Investment Management.

The lawsuit filed in Texas says the carrier's failure to remove an underperforming fund option, which holds over $2 billion in assets, has cost plan members millions.

Despite pressure to cut costs and an activist investor campaign, Southwest reported a healthy profit for the fourth quarter.

Southwest Airlines says it's not filling some jobs and summer internships this year as the company looks to lower costs ...