Quiver AI Summary Howard Hughes Holdings Inc. has announced an extension of its standstill agreement with Pershing Square Capital Management until May 30, 2025.

The latest offer from Pershing Square, at $90 a share, is a 46.4% premium to the $61.46 share price in August 2024, when Ackman first floated the idea of expanding his holdings. Howard Hughes has ...

While the Pershing Square deal was largely the focus of Thursday’s earnings call, HHH also reported strong first-quarter numbers across its master-planned communities, with earnings before tax of $63 ...

Then, Ackman’s Pershing Square Holdco announced after the market closed that it submitted a proposal to the Howard Hughes board to pay $90 per share to acquire 10,000,000 newly issued common ...

The deal involves Pershing Square buying 9 million newly issued shares of Howard Hughes for a total cost of $900 million. The purchase price is 48% above where the stock closed Friday, and puts ...

Pershing Square's management team will not receive cash, equity or other compensation in the transaction, but requires Howard Hughes to pay a 1.5% annual fee of its market capitalization to ...

Howard Hughes Holdings Inc. announced an extension of its standstill agreement with Pershing Square Capital Management L.P., which will now remain effective until April 7, 2025, unless further ...

Pershing Square Holdco, the parent holding company of Pershing Square Capital Management, announced that PSCM has extended the term of its standstill agreement with Howard Hughes (HHH) Holdings to ...

Pershing Square Extends Standstill with Howard Hughes Holdings Provided by Business Wire Apr 7, 2025, 5:30:00 AM ...

Howard Hughes to talk with Pershing Square on deal alternatives Howard Hughes GAAP EPS of $3.25 beats by $0.33, revenue of $983.59M beats by $48.59M (3) Investing Group Premium Investing Group ...