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Pershing Square Takes Massive Stake In Howard Hughes

Reuters on MSN · 1d

Ackman's Pershing Square to boost Howard Hughes stake with $900 million investment

(Reuters) -Billionaire investor Bill Ackman's Pershing Square Capital Management will buy 9 million newly issued shares of real estate developer Howard Hughes Holdings for $900 million, the companies said on Monday.

Houston Chronicle on MSN · 1d

Howard Hughes strikes $900M deal with Bill Ackman's hedge fund

Ackman, Pershing Square’s chairman and CEO, would become executive chairman of the Howard Hughes board. Hughes CEO David O’Reilly would retain his role.

Community Impact · 1d

Pershing Square increases Howard Hughes holdings, CEO joins board in $900M deal

According to the release, development of Howard Hughes’ properties will continue without interruption; however, the company will also look to new development opportunities.

1don MSN

Ackman aspires to buy or build an insurance company through Howard Hughes - report

Billionaire hedge fund manager Bill Ackman spoke about the benefits an investment firm can realize from acquiring or building ...

1d

Time To Buy HHH Stock?

This acquisition, priced at a substantial 48% premium over the Friday, May 2nd closing price of approximately $68, elevates ...

1d

Bill Ackman's $900M Boost Could Lift Howard Hughes Stock Above Key Technical Barrier Ahead Of Q1 Earnings

Billionaire investor Bill Ackman is investing $900 million in Howard Hughes, aiming to transform it into a diversified ...

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