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 ...

Ackman proposed forming a new subsidiary of Pershing, which currently owns about 38% of Howard Hughes, that would merge with ...

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 ...

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 ...

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 ...

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 ...

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 ...