Pershing Takeover Should Be Transformative
Pershing Square proposes $900 million deal to increase Howard Hughes stake
Billionaire investor Bill Ackman's Pershing Square Capital Management said on Tuesday it would buy 10 million newly issued shares of Howard Hughes Holdings for $900 million as it revised its proposal to the real estate developer.
The hedge fund manager is wagering his own money this time in a bid to build another financial behemoth that could rival the life’s work of Warren Buffett.
Pershing is currently discussing with its broker-dealer clients about the changes to its cash sweep program and it’s not clear when any new plan goes into place. Toward the end of last year, Fidelity ...
Bill Ackman's fund, Pershing Square Capital Management, launched a new stake in Nike last year. The embattled footwear company has struggled in recent years. Pershing recently disclosed that Nike ...
Billionaire investor Bill Ackman's plans to turn real estate company Howard Hughes Holdings into a diversified holding ...
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