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Ackman's Pershing Square to increase stake in Howard Hughes

Reuters on MSN · 1d

Ackman's Pershing Square to boost Howard Hughes stake with $900 million investment

(Reuters) -Billionaire investor Bill Ackman's Pershing Square Capital Management will buy 9 million newly issued shares of real estate developer Howard Hughes Holdings for $900 million, the companies said on Monday.

CNBC on MSN · 1d

Bill Ackman's Pershing Square strikes $900 million deal for more control of Howard Hughes

The deal involves Pershing Square buying 9 million newly issued shares of Howard Hughes for a total cost of $900 million. The purchase price is 48% above where the stock closed Friday, and puts Pershing's stake in the company at 46.

Yahoo Finance · 18h

Pershing Square Holdings, Ltd. ("PSH") Notes the Transaction Announced Today by Howard Hughes Holdings ("HHH") and PSH’s Investment Manager

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) today noted that its investment manager, Pershing Square Capital Management, L.P. (the "Investment Manager"), the Investment Manager’s holding company,

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Pershing Square Capital Management, which runs the investment trust, has made a further $900m investment into property ...

6hon MSN

Warren Buffett Is Retiring, but Another Billionaire Wants to Create the Next Berkshire Hathaway

Billionaire hedge fund manager Bill Ackman has been attempting to use real estate developer Howard Hughes Holdings ( HHH 2.82 ...

1don MSN

Ackman aspires to buy or build an insurance company through Howard Hughes - report

Billionaire hedge fund manager Bill Ackman spoke about the benefits an investment firm can realize from acquiring or building ...

4hon MSN

Howard Hughes Holdings Inc. (HHH): Among Billionaire Bill Ackman’s Stock Picks with Huge Upside Potential

We recently published a list of Billionaire Bill Ackman’s 7 Stock Picks with Huge Upside Potential. In this article, we are ...

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Bill Ackman's $900M Boost Could Lift Howard Hughes Stock Above Key Technical Barrier Ahead Of Q1 Earnings

Billionaire investor Bill Ackman is investing $900 million in Howard Hughes, aiming to transform it into a diversified ...

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