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Bill Ackman, Howard Hughes and Berkshire Hathaway

Hosted on MSN · 3d

Billionaire Bill Ackman bids to take over Howard Hughes and turn it into a firm like Warren Buffett's Berkshire Hathaway

Billionaire Bill Ackman is offering to take over Howard Hughes Holdings, with the goal of turning the Houston real estate firm into a holding company akin to Warren Buffett's Berkshire Hathaway. Ackman's Pershing Square Capital Management is seeking to own as much as 69% of Howard Hughes Holdings,

Wall Street Journal · 2d

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 11.8 million Howard Hughes shares at $85 apiece to own a majority stake in the company. The stock jumped about 9.

New York Post · 3d

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: Pershing Square Ownership Doesn't Change My Thesis

Pershing Square's potential majority stake could influence Howard Hughes' future, but risks remain. See my recommendation on ...

10don 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 ...

3d

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 ...

1don MSN

Summerlin developer lands $1B buyout offer

With a $1 billion buyout offer on the table, Summerlin’s developer could undergo another corporate shakeup.

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