Bloomberg

Activist Elliott and Southwest Airlines to commence settlement talks, as per Bloomberg News and Reuters.

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Activist Elliott and Southwest Airlines to commence settlement talks, as per Bloomberg News and Reuters.

“ According to Bloomberg News, Elliott Investment Management and Southwest Airlines have initiated discussions regarding a potential settlement to avoid a proxy fight for control of the airline’s board. Sources familiar with the matter revealed that Elliott has proposed a framework that would grant it representation on Southwest’s board without full control. The talks are … Read more

Cigna reopens discussions for large-scale merger with competitor health insurer Humana, as reported by Bloomberg News

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Cigna reopens discussions for large-scale merger with competitor health insurer Humana, as reported by Bloomberg News

U.S. health insurer Cigna Group has reportedly reignited discussions to merge with smaller competitor Humana, according to sources familiar with the matter. This comes after the company had previously abandoned the pursuit late last year. The two companies have recently engaged in informal talks about the potential deal. Following this news, shares of Humana, which … Read more