Bill Ackman's Pershing Square proposed to acquire 10 million newly issued Howard Hughes shares at $90 per share — up from $85 per share earlier.

Billionaire investor Bill Ackman's Pershing Square has submitted a proposal to purchase 10 million newly issued shares of Howard Hughes Holdings at $90 each. The purchase would gi

Pershing Square’s Bill Ackman hiked his takeover offer for Howard Hughes Holdings to create a “modern-day” Berkshire Hathaway.

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),

The board of directors for the developer of master-planned communities called the $90-per-share offer from Pershing Square "not acceptable in its current form."

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 proposes to increase his stake in Howard Hughes to 48%. He wants to turn HHH into a modern-day Berkshire Hathaway.

The 94-year-old oracle of Omaha is still going strong, but says “it won’t be long” before someone picks up his mantle.