BUZZ-Howard Hughes Holdings shares surge on buyout offer from Bill Ackman's Pershing Square

Reuters

01-13

BUZZ-Howard Hughes Holdings shares surge on buyout offer from Bill Ackman's Pershing Square

Updates

** Shares of real estate developer Howard Hughes HHH.N up 10.7% at $79.48 in premarket trading

** Billionaire investor Bill Ackman's Pershing Square PSH.AS, which along with its affiliates, has a 37.6% stake in the company, offers to buy the remaining stake in HHH for $85 per share

** HHH stock up about 15% since Pershing Square Capital Management, already the biggest owner of Howard Hughes, said it was considering taking co private in August

** Texas-based HHH has a market capitalization of $3.6 billion, according to data compiled by LSEG

** Stock hit a four-month low on Friday, down about 18% from its 2-1/2 year high in November

(Reporting by Medha Singh and Rupali Chaudhary)

((medha.singh@thomsonreuters.com))

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<span>taking co private</span> in August</p><p>\n<span>** Texas-based HHH has a market capitalization of $3.6 billion, according to data compiled by LSEG</span>\n</p><p>** Stock hit a four-month low on Friday, down about 18% from its 2-1/2 year high in November</p><p> (Reporting by Medha Singh and Rupali Chaudhary)</p><p> ((medha.singh@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Howard Hughes Holdings shares surge on buyout offer from Bill Ackman's Pershing Square</title>\n<style 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20:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Howard Hughes Holdings shares surge on buyout offer from Bill Ackman's Pershing Square</title></head><body><p>Updates</p><p>** Shares of <span>real estate developer </span>Howard Hughes <span>HHH.N</span> up <span>10.7% at $79.48 in premarket trading</span></p><p><span>** Billionaire investor Bill Ackman's Pershing Square </span><span>PSH.AS</span>, <span>which along with its affiliates, has a 37.6% stake in the company, </span><span>offers</span><span> to buy the remaining stake in HHH for $85 per share</span></p><p>** HHH stock up <span>about 15</span>% since Pershing Square Capital Management, already the biggest owner of Howard Hughes, said it was considering <span>taking co private</span> in August</p><p>\n<span>** Texas-based HHH has a market capitalization of $3.6 billion, according to data compiled by LSEG</span>\n</p><p>** Stock hit a four-month low on 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surge on buyout offer from Bill Ackman's Pershing SquareUpdates** Shares of real estate developer Howard Hughes HHH.N up 10.7% at $79.48 in premarket trading** Billionaire investor Bill Ackman's Pershing Square PSH.AS, which along with its affiliates, has a 37.6% stake in the company, offers to buy the remaining stake in HHH for $85 per share** HHH stock up about 15% since Pershing Square Capital Management, already the biggest owner of Howard Hughes, said it was considering taking co private in August. ** Texas-based HHH has a market capitalization of $3.6 billion, according to data compiled by LSEG. ** Stock hit a four-month low on Friday, down about 18% from its 2-1/2 year high in November  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4024":"房地产开发","HHH":"Howard Hughes Holding"},"translate_title":"BUZZ-Howard Hughes Holdings股价因比尔·阿克曼(Bill Ackman)潘兴广场(Pershing Square)的收购要约而飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HHH":0.9},"content_text":"BUZZ-Howard Hughes Holdings shares surge on buyout offer from Bill Ackman's Pershing SquareUpdates** Shares of real estate developer Howard Hughes HHH.N up 10.7% at $79.48 in premarket trading** Billionaire investor Bill Ackman's Pershing Square PSH.AS, which along with its affiliates, has a 37.6% stake in the company, offers to buy the remaining stake in HHH for $85 per share** HHH stock up about 15% since Pershing Square Capital Management, already the biggest owner of Howard Hughes, said it was considering taking co private in August\n** Texas-based HHH has a market capitalization of $3.6 billion, according to data compiled by LSEG\n** Stock hit a four-month low on Friday, down about 18% from its 2-1/2 year high in November (Reporting by Medha Singh and Rupali Chaudhary) 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