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Bill Ackman, Howard Hughes and Pershing Square
Bill Ackman’s Pershing Square Wants to Take Over Howard Hughes Holdings
Shares of Howard Hughes rose Monday but were below Ackman’s offering price. It may take more from Pershing Square to seal a deal.
Bill Ackman proposes merger between Howard Hughes, Pershing unit
(Reuters) -Billionaire investor Bill Ackman said on Monday that Pershing Square is increasing its stake in Howard Hughes Holdings by $1 billion and that the real estate developer plans to buy back shares for an additional $500 million.
Billionaire Bill Ackman Floats Merger With Howard Hughes Holdings On Way To Real Estate Empire
Bill Ackman ’s Pershing Square Capital Management is proposing to merge its newly formed subsidiary with Howard Hughes Holdings Inc., Ackman’s latest attempt to transform Howard Hughes into an empire on par with Berkshire Hathaway.
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on MSN
Bill Ackman eyes ‘next Berkshire Hathaway’ with $1B offer for real estate giant Howard Hughes
Pershing, which holds a 37.6% stake in the HHH, will offer $85 a share to buy out the rest of the firm, Ackman said in a ...
1d
Ackman Dreams of ‘Modern-Day Berkshire’ With Howard Hughes Bid
Pershing Square Capital Management LP has proposed a deal to merge one of its subsidiaries with real estate company Howard ...
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