Under the proposal, Pershing Square would buy 11.7 million shares of Howard Hughes for $85 a piece. "Howard Hughes Confirms Receipt of Acquisition Proposal From Pershing Square" at 5:20 p.m. ET on Jan. 13 incorrectly said it would buy every share of Howard Hughes it doesn't already own for $85 a piece.
(END) Dow Jones Newswires
January 14, 2025 08:53 ET (13:53 GMT)
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