Bill Ackman Increases Offer for Howard Hughes! Pershing Square Could Become the Majority Shareholder of the Real Estate Firm!
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Bill Ackman, the billionaire and investor of the hedge fund Pershing Square Capital Management, adjusted his offer for real estate developer Howard Hughes Holdings (HHH) on Tuesday, February 18, 2025, after market close. Following this new announcement, shares rose by 6.77% to $80.60 by the end of trading, but had already surrendered most of the gains in after-hours trading. Pershing Square owns 37.6% of the real estate company Howard Hughes Howard Hughes Holdings is a real estate company headquartered in The Woodlands, Texas, primarily developing...
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