Ackman's $900 Million Power Play: Pershing Square Takes Massive Stake In Howard Hughes With 48% Premium

Benzinga 2025-05-05

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Pershing Square invests $900M in Howard Hughes at $100/share, a 48% premium, becoming a major shareholder. Bill Ackman is appointed executive chairman, with Pershing Square providing resources to transform HHH into a holding company.
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