Big news about Howard Hughes! Billionaire Bill Ackman wants to buy more of the company. He's been involved for a long time and now wants to run it. This is a big deal for real estate!
- Ackman's company, Pershing Square, will buy more shares.
- He wants to become the chairman and CEO.
- The deal is worth $900 million.
| Fact | Details |
|---|---|
| Shares bought | 10 million |
| Total deal value | $900 million |
| Ackman's new stake | Around 48% |
| Howard Hughes market value | About $3.8 billion |
