Good morning, Bay Area. Starting your week in the “friendly skies” of aviation, activist investor Elliott Management has taken a $1.9 billion stake in Southwest Airlines — making Elliott one of the airline’s largest shareholders — and now seeks to oust its CEO and chair. Elliott is seeking to replace Southwest CEO Bob Jordan and chair Gary Kelly with outside candidates, the activist said in a letter and presentation Monday. In other news, Norway’s $1.7 trillion sovereign wealth fund said it…
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