Howard Hughes rises as Ackman’s Pershing Square offers to buy rest of the company

Howard Hughes (NYSE:HHH) was up 11.3% in premarket trade after billionaire hedge fund manager, Bill Ackman, proposed to acquire all the shares it doesn’t already own.

Ackman, in a proposal, that he posted on social media platform X, offered stockholders of HHH, the option of receiving more than