Ackman Wants to Create a Modern Day Berkshire Hathaway. Why He’s No Buffett.
A key problem is that the Howard Hughes board and the special committee evaluating the proposal may not want to turn the company into an Ackman-led mini Berkshire.
Stock of the Day: Howard Hughes Holdings whipsaws as Bill Ackman revises his plan to create the next Berkshire Hathaway
Bill Ackman's Pershing Square proposed to acquire 10 million newly issued Howard Hughes shares at $90 a share — up from $85 a share.
Bill Ackman is betting $900 million he could become the next Warren Buffett by forging a ‘modern-day’ Berkshire Hathaway
The hedge fund manager is waging his own money this time in a bid to build another financial behemoth that can rival the life's work of Warren Buffett.
Observer5d
Bill Ackman, a Warren Buffett Fan, Has Found His Own ‘Berkshire Hathaway’
Fast forward half a century, Bill Ackman, the billionaire hedge fund manager behind Pershing Square Capital Management, is looking to replicate Buffett’s success by creating a “modern-day Berkshire Hathaway.
Bill Ackman reveals plans of creating ‘modern-day Berkshire Hathaway’
Bill Ackman proposes to increase his stake in Howard Hughes to 48%. He wants to turn HHH into a modern-day Berkshire Hathaway.
Billionaire Bill Ackman makes a number of moves that turn heads
Among other trades, the hedge-fund manager sells a big-name consumer giant and buys into a real estate company.
Bill Ackman to announce transformational deal at market close; HHH shares climb
Bill Ackman, head of hedge fund Pershing Square Capital Management, said he'll announce a transformational deal on Tuesday, akin to Warren Buffett gaining control of Berkshire Hathaway (BRK.B) (BRK.A),
Bill Ackman’s Pershing Square offers $900M for Howard Hughes stake
The deal would give hedge-fund manager Bill Ackman’s firm a 48% stake in the company known for master-planned community developments.
Bill Ackman's bold 'Buffett move' might not fly
Sixty years later, Bill Ackman wants to do something similar — but he’s starting with real estate, not textiles. Ackman’s Pershing Square investment firm has proposed to acquire 10 million new shares of Howard Hughes Holdings (HHH) at $90 each,
Bill Ackman aims to turn Howard Hughes Holdings into a 'modern-day Berkshire Hathaway'
In a post prior to the announcement, Ackman likened his firm's move to the approach Warren Buffett has used with Berkshire ( BRK-A, BRK-B) in which Buffett turned a textile manufacturer into a holding company that owns stakes in many publicly traded equities including Apple ( AAPL) and Bank of America ( BAC ).
Howard Hughes Holdings: Pershing Takeover Should Be Transformative
Howard Hughes Holdings receives a $900M capital infusion from Bill Ackman. See why HHH stock is a strong buy with potential for high ROI and restructuring.
M&A News: Pershing Square Doubles Down on Howard Hughes as Ackman Sees “Modern-Day Berkshire”
American billionaire Bill Ackman’s Pershing Square Capital Management has proposed a $900 million bid to significantly boost its stake in