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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.
Howard Hughes Shares Climb on Ackman's $1 Billion Buyout Offer
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 Monday.
Billionaire Ackman's Pershing Square offers $85 per share for rest of Howard Hughes
(Reuters) -Billionaire investor Bill Ackman's Pershing Square said on Monday it has offered to buy the remaining stake it does not already own in real estate developer Howard Hughes Holdings for $85 per share.
Bill Ackman offers $1B buyout of Howard Hughes
Pershing Square Capital Management is pushing for a merger after the spinoff of some of Howard Hughes’ other entities.
India Today on MSN
23h
Adani Wilmar share price falls 8% to hit 52-week low. Here's why
Market cap of Adani Wilmar stood at Rs 35,494.22 crore. The stock has fallen 15.88% in the past week, 18.31% in the last 6 ...
6d
UniFirst jumps as Cintas confirms $275 a share takeover offer (update)
UniFirst (UNF) stock soars 33% in premarket trading after Cintas (CTAS) makes a $5.1 billion offer for the rival uniform ...
13d
on MSN
Zuckerberg is cashing in on Meta’s record stock price with fresh share sales
Mark Zuckerberg, founder and chief executive of Facebook parent Meta Platforms Inc., has cashed in on the stock’s recent ...
India Today on MSN
22h
HCLTech share price flat ahead of Q3 earnings. What to expect?
The IT giant is set to report its quarterly results with expectations of a modest rise in profit and revenue despite ...
Stocktwits on MSN
15h
Apple Stock Dips As Global Market Share Shrinks Due To Intensifying Competition From Chinese Rivals: Retail Sentiment Bullish
Shares of Apple Inc. (AAPL) fell in morning trade on Monday as the Cupertino-based tech giant witnessed a decline in its ...
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