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Howard Hughes Extends Standstill Agreement with Pershing Square to May 30, 2025
Globenewswire· 2025-04-30 12:30
Core Viewpoint - Howard Hughes Holdings Inc. has extended its standstill agreement with Pershing Square Capital Management until May 30, 2025, indicating ongoing discussions between the two parties [1][2]. Company Overview - Howard Hughes Holdings Inc. is engaged in owning, managing, and developing commercial, residential, and mixed-use real estate across the U.S. [3] - The company boasts a portfolio that includes master planned communities and various operating properties, strategically positioned to meet market demand [3]. - Notable developments include Downtown Columbia in Maryland, The Woodlands, Bridgeland, Summerlin in Las Vegas, Ward Village in Honolulu, and Teravalis in Greater Phoenix [3]. - The company is recognized for its commitment to design excellence and cultural life within its communities [3].
Howard Hughes Extends Standstill Agreement with Pershing Square to April 30, 2025
Globenewswire· 2025-04-14 20:05
THE WOODLANDS, Texas, April 14, 2025 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE: HHH) (the “Company” or “HHH”) today further extended its previously announced standstill agreement with Pershing Square Capital Management L.P. (“Pershing Square”). The standstill agreement will now remain in effect until April 30, 2025, unless further extended. There can be no assurance that discussions with Pershing Square will result in any particular outcome, and HHH does not intend to comment further on these ma ...
Howard Hughes Extends Standstill Agreement with Pershing Square to April 15, 2025
Newsfilter· 2025-04-07 12:30
THE WOODLANDS, Texas, April 07, 2025 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE:HHH) (the "Company" or "HHH") today further extended its previously announced standstill agreement with Pershing Square Capital Management L.P. ("Pershing Square"). The standstill agreement will now remain in effect until April 15, 2025, unless further extended. There can be no assurance that discussions with Pershing Square will result in any particular outcome, and HHH does not intend to comment further on these mat ...
Howard Hughes Special Committee Provides Update on Engagement with Pershing Square
Newsfilter· 2025-03-03 13:30
Core Viewpoint - Howard Hughes Holdings Inc. announced that its Special Committee rejected the Revised Proposal from Pershing Square Capital Management and entered into a standstill agreement to facilitate further discussions [1][2]. Company Overview - Howard Hughes Holdings Inc. owns, manages, and develops commercial, residential, and mixed-use real estate across the U.S. The company has a portfolio that includes master planned communities and various operating properties [4]. Recent Developments - The Special Committee of Howard Hughes Holdings Inc. indicated that the Revised Proposal received on February 13, 2025, is not acceptable in its current form [1]. - A standstill agreement has been established with Pershing Square, which will remain effective until March 13, 2025, unless extended [1]. - Morgan Stanley & Co. LLC is serving as the financial advisor to the Special Committee, while Hogan Lovells US LLP and Richards, Layton & Finger, P.A. are providing legal counsel [3].