Howard Hughes shares jumped after Bill Ackman's investment firm offered to buy the remaining stake in the company. Ackman's Pershing Square already owned 38% of Howard Hughes as of Nov. 14 ...

The deal would increase Pershing Square’s stake in Howard Hughes to somewhere between 61% and 69%, depending on how many investors agree to be bought out, from the 38% it currently holds.

Howard Hughes, the legendary billionaire, aviation pioneer, and Hollywood icon, was as known for his extravagant lifestyle as for his accomplishments. Among his prized possessions was a 1931 ...

Here's the backstory: Ackman's been in Howard Hughes' corner since 2010, but he's frustrated. Despite the company's solid business progress, the stock has been, well, underwhelmingaveraging a ...

Howard Hughes Holdings Inc. has announced that its Board of Directors received a proposal from Pershing Square Capital Management to acquire additional shares in a merger transaction, which would ...