Pershing Square to Support HHH’s Strategic Expansion Through Investment, Advisory, and Other Resources
HHH Will Operate as a Diversified Holding Company Seeking to Acquire Controlling Interests in High-Quality, Durable Growth Public and Private Companies
Howard Hughes Corporation, HHH’s Real Estate Development Business and Principal Subsidiary,Will Continue as the Nation’s Leading Community Builder
Pershing Square’s Primary Purchase of HHH Stock for $100.00 per ShareRepresents a 48% Premium to Friday’s Closing Price
Pershing Square Will Now Own 46.9% of the Company
Pershing Square’s Investment Materially Improves Howard Hughes’ Credit Profile and Strategic and Financial Flexibility
THE WOODLANDS, Texas and NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc.