Pershing Square proposes $900 million deal to increase Howard Hughes stake
Billionaire investor Bill Ackman's Pershing Square Capital Management said on Tuesday it would buy 10 million newly issued shares of Howard Hughes Holdings for $900 million as it revised its proposal to the real estate developer.
This summary is reviewed by TRD Staff. Pershing Square, led by Bill Ackman, has proposed a $900 million deal to raise its stake in Howard Hughes Holdings from 37.6% to 48%. The offer involves ...
Bill Ackman's Pershing Square proposed to acquire 10 million newly issued Howard Hughes shares at $90 a share — up from $85 a ...
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