IndiGo's Gangwal buys $100 million stake in Southwest
Rakesh Gangwal, co-founder of IndiGo, purchased $100 million worth of Southwest shares, between $29 and $30 each, following a trading window opening. This comes amid a board overhaul and other changes enforced by activist investor Elliott Investment Management, including the retirement of six directors and executive chairman Gary Kelly stepping down.
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Rakesh Gangwal, co-founder of IndiGo, purchased $100 million worth of Southwest shares, between $29 and $30 each, following a trading window opening. This comes amid a board overhaul and other changes enforced by activist investor Elliott Investment Management, including the retirement of six directors and executive chairman Gary Kelly stepping down. 
