The board of directors for the developer of master-planned communities called the $90-per-share offer from Pershing Square "not acceptable in its current form."
Billionaire investor Bill Ackman is making a big move with his firm, Pershing Square Capital Management, as he looks to expand his stake in Howard Hughes Holdings (NYSE:HHH). On Feb. 18, he proposed buying 10 million newly issued shares at $90 each,
Bill Ackman's Pershing Square proposed to acquire 10 million newly issued Howard Hughes shares at $90 a share — up from $85 a share.
Pershing Square’s Bill Ackman hiked his takeover offer for Howard Hughes Holdings to create a “modern-day” Berkshire Hathaway.
NEW YORK (Reuters) - Billionaire investor Bill Ackman's plans to turn real estate company Howard Hughes Holdings into a diversified holding company will not impact how his investment portfolios buy and sell stakes in companies.
If Ackman indeed becomes the next Buffett, you'll want to buy Howard Hughes Holdings stock hand over fist. After all, Buffett's approach with Berkshire Hathaway resulted in an average annual gain of 19.9% over six decades.
Billionaire Bill Ackman’s investment firm, Pershing Square Capital Management, filed its Q4 2024 13F holdings report on Feb. 14, one week after he revealed on X that he had accumulated a $2.3 billion stake in Uber Technologies (NYSE:UBER).