Billionaire hedge fund manager Bill Ackman recently announced his intention to take control of real estate development company Howard Hughes Holdings (NYSE: HHH). But even though Ackman will own a majority stake, he plans to use this as Pershing Square's modern-day Berkshire Hathaway. Watch this short video for all the important details.
*Stock prices used were the morning prices of Jan. 15, 2025. The video was published on Jan. 15, 2025.
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Matt Frankel has positions in Berkshire Hathaway and Howard Hughes. The Motley Fool has positions in and recommends Berkshire Hathaway and Howard Hughes. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
