Pershing Square proposes $900 million deal to increase Howard Hughes stake
Billionaire investor Bill Ackman's Pershing Square Capital Management said on Tuesday it would buy 10 million newly issued shares of Howard Hughes Holdings for $900 million as it revised its proposal to the real estate developer.
Among other trades, the hedge-fund manager sells a big-name consumer giant and buys into a real estate company.
Billionaire Bill Ackman, the CEO of Pershing Square Capital Management, is known for investing in cash-flowing consumer ...
Bill Ackman, head of hedge fund Pershing Square Capital Management, said he'll announce a transformational deal, akin to Warren Buffett gaining control of Berkshire Hathaway (BRK.B) (BRK.A), a ...
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