Ackman proposed forming a new subsidiary of Pershing, which currently owns about 38% of Howard Hughes, that would merge with the company.
January 13, 2025
- Moderna stock plunges 18% after company lowers 2025 sales forecast by $1 billion
- Bill Ackman offers to take over real estate developer Howard Hughes for $85 a share
- India’s inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts
- Oliviero Toscani, Benetton’s shock photographer, dies aged 82
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