Bill Ackman raises bid for Howard Hughes, says he will turn it into ‘modern-day Berkshire’

Bill Ackman raises bid for Howard Hughes, says he will turn it into ‘modern-day Berkshire’


Key Points
  • Pershing Square’s Bill Ackman hiked his takeover offer for Howard Hughes Holdings.
  • The billionaire investor said Tuesday that his firm has submitted a proposal to acquire 10 million newly issued Howard Hughes shares at $90 per share.



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