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The latest update is out from Howard Hughes Holdings ( (HHH) ).
On February 18, 2025, Howard Hughes Holdings Inc. confirmed the receipt of a revised unsolicited acquisition proposal from Pershing Square Capital Management L.P. The proposal, which replaces an initial proposal submitted on January 13, 2025, was discussed in a meeting on February 13, 2025, between Pershing Square and a Special Committee formed by the Howard Hughes Board of Directors. The Special Committee has not yet engaged in negotiations or made any determinations regarding the proposal, and no action is required from stockholders at this time. The proposal is contingent upon a definitive agreement and approvals from the Special Committee and the HHH Board of Directors.
More about Howard Hughes Holdings
Howard Hughes Holdings Inc. owns, manages, and develops commercial, residential, and mixed-use real estate throughout the U.S. The company’s award-winning assets include a portfolio of master planned communities, operating properties, and development opportunities in locations such as Downtown Columbia in Maryland, The Woodlands, Bridgeland, and The Woodlands Hills in Greater Houston, Texas, Summerlin in Las Vegas, Ward Village in Honolulu, Hawaiʻi, and Teravalis in Greater Phoenix, Arizona. Howard Hughes Holdings Inc. is traded on the New York Stock Exchange as HHH.
YTD Price Performance: -0.42%
Average Trading Volume: 276,829
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.78B
Learn more about HHH stock on TipRanks’ Stock Analysis page.
