Billionaire Bill Ackman’s investment firm Pershing Square has offered to buy the remainder of real estate developer Howard Hughes Holdings (HHH) for $85 per share, driving its stock higher.
Currently, Pershing Square owns approximately 37.6% of Howard Hughes' common stock. In response to this interest, the Board has formed a Special Committee of independent directors to evaluate the ...
Howard Hughes shares jumped after Bill Ackman's investment firm offered to take a controlling interest in the company.
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