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Ackman Offers $1 Billion Buyout of Howard Hughes
The Wall Street Journal|January 14, 2025
Shares of Howard Hughes Holdings jumped after hedge fund manager Bill Ackman’s firm offered to buy every share it doesn’t already own for $85 apiece. The stock climbed 9.5% to $78.62 Monday.
- DEAN SEAL
Ackman Offers $1 Billion Buyout of Howard Hughes

The shares were changing hands at roughly the same price as a year ago. Ackman, who served as chairman of Howard Hughes’s board from 2010 until his retirement last May, said in a letter to the company on Monday that long-term shareholders have been displeased with the stock performance and were interested in a potential transaction.

This story is from the January 14, 2025 edition of The Wall Street Journal.

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Ackman Offers $1 Billion Buyout of Howard Hughes
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This story is from the January 14, 2025 edition of The Wall Street Journal.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

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