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 ...

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 ...

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 ...

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 ...

The Howard Hughes Medical Institute (HHMI) has named its newest cohort of Hanna H. Gray Fellows. This year’s class consists of 25 early-career scientists, each of whom will receive up to $1.5 ...

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 ...

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 ...