Howard Hughes Special Committee Provides Update on Engagement with Pershing Square
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Howard Hughes Holdings Inc. (HHH) has announced that its Special Committee has rejected Pershing Square's revised proposal but has entered into a standstill agreement to explore potential alternatives.
March 03, 2025 | 1:45 pm
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Howard Hughes Holdings' Special Committee has rejected Pershing Square's revised proposal but agreed to a standstill agreement to explore alternatives.
The rejection of the proposal suggests potential uncertainty, but the standstill agreement indicates ongoing negotiations, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100