Bill Ackman's Pershing Square Capital Management is offering to buy 11.8 million Howard Hughes shares at $85 apiece to own a majority stake in the company. "Howard Hughes Shares Climb on Ackman's $1 Billion Buyout Offer," at 08:19 am ET on Jan. 13, incorrectly said that Pershing Square would buy every share that it didn't already own.
(END) Dow Jones Newswires
January 14, 2025 09:12 ET (14:12 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.