The hedge fund manager is waging his own money this time in a bid to build another financial behemoth that can rival the life's work of Warren Buffett.
Bill Ackman's Pershing Square proposed to acquire 10 million newly issued Howard Hughes shares at $90 per share — up from $85 per share earlier.
Ackman just submitted a revised proposal for Howard Hughes Holdings. A few weeks ago, Bill Ackman submitted a proposal to acquire a majority stake in Howard Hughes Holdings ( HHH -0.93%) with the goal of building it into a "modern-day Berkshire Hathaway ( BRK.
Billionaire investor Bill Ackman's Pershing Square has submitted a proposal to purchase 10 million newly issued shares of Howard Hughes Holdings at $90 each. The purchase would gi
Bill Ackman is attempting to copy the conglomerate style and Berkshire Hathaway creation of Warren Buffett with a new buyout offer.
Bill Ackman is attempting to copy the conglomerate style and Berkshire Hathaway creation of Warren Buffett with a new buyout offer.
Bill Ackman and Warren Buffett share several common denominators. Ackman wants to add another similarity to the list by turning Howard Hughes Holdings into the "next Berkshire Hathaway." Don't rush to invest in Howard Hughes Holdings just yet,
Pershing Square’s Bill Ackman hiked his takeover offer for Howard Hughes Holdings to create a “modern-day” Berkshire Hathaway.
Bill Ackman, head of hedge fund Pershing Square Capital Management, said he'll announce a transformational deal on Tuesday, akin to Warren Buffett gaining control of Berkshire Hathaway (BRK.B) (BRK.A),
Billionaire Bill Ackman made another offer in an attempt to take more control of Howard Hughes Holding, where his firm is already the largest shareholder.
Fast forward half a century, Bill Ackman, the billionaire hedge fund manager behind Pershing Square Capital Management, is looking to replicate Buffett’s success by creating a “modern-day Berkshire Hathaway.
If Ackman indeed becomes the next Buffett, you'll want to buy Howard Hughes Holdings stock hand over fist. After all, Buffett's approach with Berkshire Hathaway resulted in an average annual gain of 19.9% over six decades.
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