Billionaire investor Bill Ackman said Monday that Pershing Square will increase its stake in real estate giant Howard Hughes Holdings by $1 billion in a bid to create “a modern-day Berkshire ...

Bill Ackman's Pershing Square is forming a new entity to merge with Howard Hughes Holdings, offering current holders of the real estate company $85 a share. "While we are pleased with the ...

Howard Hughes shares jumped after Bill Ackman's investment firm offered to take a controlling interest in the company. Ackman's Pershing Square owned 38% of Howard Hughes as of Nov. 14 ...

The investment firm run by Bill Ackman is offering Howard Hughes holders $85 a share, a majority of which would be paid in cash, the company said in the letter to investors posted on its website ...

In a letter to Howard Hughes’ board, Pershing Square offered $85 per share for the 11.8 million shares that Pershing Square affiliates do not already own, or about $1B. The merger would leave ...

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 ...