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Howard Hughes Holdings Rejects Pershing Square Acquisition Bid

Summary by Commercial Observer
Howard Hughes Holdings (HHH) has rejected Pershing Square Capital Management’s latest bid to merge with the commercial real estate giant in a $900 million investment, HHH announced Monday. After a few weeks of deliberation and careful public comments about the potential deal, HHH said Monday that Pershing Square CEO Bill Ackman’s proposal “is not acceptable in its current form,” according to the announcement. In addition, HHH’s special committee…
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Commercial ObserverCommercial Observer

Howard Hughes Holdings Rejects Pershing Square Acquisition Bid

Howard Hughes Holdings (HHH) has rejected Pershing Square Capital Management’s latest bid to merge with the commercial real estate giant in a $900 million investment, HHH announced Monday. After a few weeks of deliberation and careful public comments about the potential deal, HHH said Monday that Pershing Square CEO Bill Ackman’s proposal “is not acceptable in its current form,” according to the announcement. In addition, HHH’s special committee…

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BisnowBisnow

Howard Hughes Rejects Ackman’s Latest Takeover Plan But Leaves Door Open To Buyout

The board of directors for the developer of master-planned communities called the $90-per-share offer from Pershing Square "not acceptable in its current form."

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Bisnow broke the news in on Monday, March 3, 2025.
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