Howard Hughes, Pershing Square and proposal Ackman

Bill Ackman’s Pershing Square Capital Management has revised its plans to merge with commercial real estate giant Howard Hughes Holdings (HHH). After putting forward a $1.5 billion deal to take ...
The stock closed 6.8% higher, at $80.60 apiece, before Ackman's Pershing Square announced at 4 p.m. ET that it had hiked its takeover offer for the real estate company. Pershing Square ...