Howard Hughes’s shareholders can elect to receive the entire payment in cash or “roll over” all or a portion of their shares into the post-merger company, Ackman said in a letter.

Bill Ackman’s Pershing Square has offered to take over real estate developer Howard Hughes Holdings for $85 a share. Pershing ...

In a letter to Howard Hughes’ board, Pershing Square offered $85 per share for the 11.8 million shares that Pershing Square affiliates do not already own, or about $1B. The merger would leave ...

Howard Hughes Holdings Inc. has announced that its Board of Directors received a proposal from Pershing Square Capital Management to acquire additional shares in a merger transaction, which would ...

Billionaire hedge fund manager Bill Ackman announced plans to build a modern-day Berkshire Hathaway ( BRK.A 1.68%) ( BRK.B 1.79%). Although Ackman and his investors would own most of it, it would be ...

Bill Ackman’s Pershing Square Holdings stated in a letter to Howard Hughes (HHH ... We are therefore hereby proposing a potential merger transaction in which a newly formed merger subsidiary ...

Pershing Square Capital Management has proposed a deal to merge a newly formed subsidiary with Howard Hughes Holdings, the latest step in Ackman’s pursuit of the real estate developer he used to ...

Howard Hughes (HHH) confirmed the board’s receipt ... to acquire additional shares of the company’s common stock in a merger transaction between the company and a newly formed merger ...

Howard Hughes's shareholders can elect to receive the entire payment in cash or "roll over" all or a portion of their shares into the post-merger company, Ackman said in a letter. Ackman has been ...