Billionaire Bill Ackman’s investment firm, Pershing Square Capital Management, filed its Q4 2024 13F holdings report on Feb. 14, one week after he revealed on X that he had accumulated a $2.3 billion stake in Uber Technologies (NYSE:UBER).
Pershing Square's Bill Ackman hiked his takeover offer for Howard Hughes Holdings. The billionaire investor said Tuesday that his firm has submitted a proposal to acquire 10 million newly issued Howard Hughes shares at $90 per share.
Bill Ackman's Pershing Square proposed to acquire 10 million newly issued Howard Hughes shares at $90 a share — up from $85 a share.
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.
The deal would give hedge-fund manager Bill Ackman’s firm a 48% stake in the company known for master-planned community developments.
Bill Ackman is floating a new offer to gain control ... is now offering $90 per share for 10 million newly issued common shares of Howard Hughes Holdings — up from Ackman’s recent offer ...
Howard Hughes Holdings receives a $900M capital infusion from Bill Ackman. See why HHH stock is a strong buy with potential for high ROI and restructuring.
Bill Ackman proposes to increase his stake in Howard Hughes to 48%. He wants to turn HHH into a modern-day Berkshire Hathaway.
Among other trades, the hedge-fund manager sells a big-name consumer giant and buys into a real estate company.
In a post prior to the announcement, Ackman likened his firm's move to the approach Warren Buffett has used with Berkshire ( BRK-A, BRK-B) in which Buffett turned a textile manufacturer into a holding company that owns stakes in many publicly traded equities including Apple ( AAPL) and Bank of America ( BAC ).
Bill Ackman made a bid to take Howard Hughes Holdings private, with the goal of turning the real estate firm into a holding company.