Here's the backstory: Ackman's been in Howard Hughes' corner since 2010 ... Pershing plans to pour $1 billion into buying 11.8 million shares and kick off a $500 million share repurchase program ...

Shares of Howard Hughes Holdings jumped after hedge-fund manager Bill Ackman's firm offered to buy every share it doesn't already own for $85 apiece. The stock rose 10% at $79.20 in premarket trading ...

Howard Hughes shares jumped after Bill Ackman's investment firm offered to take a controlling interest in the company. Ackman's Pershing Square owned 38% of Howard Hughes as of Nov. 14 ...

Ackman proposed a takeover of real estate developer Howard Hughes for $85 a share and said he is displeased with its recent ...

THE WOODLANDS, Texas, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE: HHH) (“the Company” or “Howard Hughes”) announced today that the Company will release 2024 fourth ...

Under the proposed deal, a Pershing Square unit will buy 11.8 million shares for $1 billion from non-Pershing Square affiliate shareholders of Howard Hughes, while the real estate developer will ...

A representative for Howard Hughes didn’t immediately respond to requests for comment. For the deal, Pershing Square’s holding company would buy about 11.8 million shares from stockholders not ...

Gift 5 articles to anyone you choose each month when you subscribe. Pershing Square Capital Management proposed a deal to merge a newly formed subsidiary with Howard Hughes Holdings in an effort ...

The Howard Hughes Medical Institute (HHMI) has named its newest cohort of Hanna H. Gray Fellows. This year’s class consists of 25 early-career scientists, each of whom will receive up to $1.5 ...