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Ackman, Howard Hughes and Pershing Square
Bill Ackman offers to take over real estate developer Howard Hughes for $85 a share
Ackman proposed forming a new subsidiary of Pershing, which currently owns about 38% of Howard Hughes, that would merge with the company.
Bill Ackman’s Pershing Square Offers $1 Billion Buyout of Howard Hughes
Shares of Howard Hughes Holdings jumped after hedge-fund manager Bill Ackman's firm offered to buy every share it doesn't already own for $85 apiece. The stock rose 10% at $79.20 in premarket trading.
Bill Ackman eyes ‘next Berkshire Hathaway’ with $1B offer for real estate giant Howard Hughes
Pershing, which holds a 37.6% stake in the HHH, will offer $85 a share to buy out the rest of the firm, Ackman said in a letter to investors.
1d
Howard Hughes Medical Institute Names 25 New Hanna H. Gray Fellows
The Howard Hughes Medical Institute has named 25 new Hanna Gray Fellows, each of whom will receive as much as $1.5 million ...
7d
on MSN
This former Florida property once belonged to the eccentric billionaire Howard Hughes — and it’s now listed for $55.5M
A Coconut Grove, Florida estate with deep ties to American aviation legend Howard Hughes has listed for a staggering $55.5 ...
1d
‘Red River’: The John Wayne classic Howard Hughes tried to shelve
Following a spat between Howard Hughes and Howard Hawks, this classic John Wayne movie almost never got released.
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