Reported 2 days ago
Bill Ackman's Pershing Square Capital Management has raised its offer to acquire 10 million shares of Howard Hughes Holdings (HHH) to $90 each, totaling $900 million, after an initial offer of $85. If successful, Pershing Square would own 48% of HHH, with Ackman assuming the role of CEO, as part of his vision to establish a diversified holding company akin to Berkshire Hathaway.
Source: YAHOO