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Pershing Square Takes Massive Stake In Howard Hughes

Reuters on MSN · 17h

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.

CNBC on MSN · 20h

Bill Ackman's Pershing Square strikes $900 million deal for more control of Howard Hughes

The deal involves Pershing Square buying 9 million newly issued shares of Howard Hughes for a total cost of $900 million. The purchase price of $100 per share is 48% above where t

Yahoo Finance · 9h

Pershing Square Holdings, Ltd. ("PSH") Notes the Transaction Announced Today by Howard Hughes Holdings ("HHH") and PSH’s Investment Manager

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) today noted that its investment manager, Pershing Square Capital Management, L.P. (the "Investment Manager"), the Investment Manager’s holding company,

Bill Ackman to Transform Developer Into Holdings Company After $900M Stake

Bill Ackman's Pershing Square Capital Management has struck a deal to up its stake in developer Howard Hughes Holdings, from ...

18h

Time To Buy HHH Stock?

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

9h

Pershing Square Holdings, Ltd. Provides Director Declaration – UKLR 6.4.9R

In accordance with UKLR 6.4.9R, Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) today notes that PSH Board member ...

17h

Billionaire Bill Ackman wants to build a ‘modern-day Berkshire Hathaway.’ He has a long way to go to rival Warren Buffett.

Howard Hughes Holdings has a market capitalization of $3.4 billion, compared with Berkshire Hathaway’s market cap of about $1 ...

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