Howard Hughes shares jumped after Bill Ackman's investment firm offered to buy the remaining stake in the company. Ackman's Pershing Square already owned 38% of Howard Hughes as of Nov.
Shares of Howard Hughes Holdings jumped after hedge-fund manager Bill Ackman's firm offered to buy 11.8 million Howard Hughes shares at $85 apiece to own a majority stake in the company.
DALLAS — Today, in 1905, the iconic American investor, record-setting pilot, engineer, and filmmaker Howard Hughes was born. Hughes was always fascinated with airplanes. His first foray into aviation ...
Spruce Goose To gain the needed expertise in designing and building such an aircraft, Kaiser went into partnership with Howard Hughes, who was already famous for his exploits in aviation ...
Jan 13 (Reuters) - Billionaire investor Bill Ackman said on Monday Pershing Square was increasing its stake in Howard Hughes Holdings by $1 billion and that the real estate developer plans to buy ...