Pershing Square Capital Management LP proposed a deal to merge a newly formed subsidiary with Howard Hughes Holdings Inc. in an effort to build the real estate developer into a “modern-day ...

(the “Company” or “HHH”) today confirmed the Board’s receipt of a proposal from Pershing Square Capital Management LP (“Pershing Square”) under which Pershing Square has proposed to ...

(Bloomberg) -- Perhaps no other hedge fund manager has perfected the art of having their money work for them while they sleep — or tweet — like Bill Ackman. The Pershing Square Capital ...

(Bloomberg) -- A group of investors betting Bill Ackman can massively scale his asset manager, Pershing Square Capital Management, have catapulted the hedge fund manager to the ranks of the world ...

Bill Ackman is the founder and CEO of Pershing Square Capital Management, a hedge fund management company and he is a well-known activist investor. Forbes estimates that Ackman is worth $3.6 billion.

Pershing Square Capital Management, said it would form a unit called Pershing Square Holdco LP to buy 11.7 million shares of Howard Hughes Holdings for $85 a share. The stock would continue to ...