Pershing Square

Ghirardelli Chocolate Company™ Signals the Return of Peppermint Bark Season with Two New Products

Retrieved on: 
Tuesday, November 7, 2023
Cream, Pershing Square, Grand Central Terminal, Family, New Year's Day, Chocolate, Hudson Yards, Snow, Ghirardelli Square, Peppermint bark, Marketing, SAN, Aroma compound, Nightclub, Ghirardelli Chocolate Company

SAN LEANDRO, Calif., Nov. 7, 2023 /PRNewswire/ -- Ghirardelli Chocolate Company™ today announced that official Peppermint Bark season is back with the return of its festive lineup of offerings, including two new products – a Peppermint Bark Squares Gift and Peppermint Bark Baking Mix Ins – available now at Ghirardelli.com, Ghirardelli stores, and select retailers nationwide. 

Key Points: 
  • SAN LEANDRO, Calif., Nov. 7, 2023 /PRNewswire/ -- Ghirardelli Chocolate Company™ today announced that official Peppermint Bark season is back with the return of its festive lineup of offerings, including two new products – a Peppermint Bark Squares Gift and Peppermint Bark Baking Mix Ins – available now at Ghirardelli.com, Ghirardelli stores, and select retailers nationwide.
  • Since 2004, Ghirardelli has been spreading holiday cheer with shareable, delicious Ghirardelli Peppermint Bark Squares, a treat that has become synonymous with the season.
  • Ghirardelli's lineup of Peppermint Bark offerings includes:
    Ghirardelli Peppermint Bark Squares: Rich chocolate layers with festive peppermint in individually wrapped Squares; the perfect Holiday treat.
  • On National Peppermint Bark Day, December 1, Ghirardelli Square will host a family and pet friendly event that will feature the iconic Ghirardelli marquee sign dressed up in Peppermint Bark colors and visitors can enjoy complimentary Peppermint Bark Squares.

LuxUrban Hotels Announces Newest Properties to Join Trademark Collection® by Wyndham

Retrieved on: 
Thursday, September 14, 2023
Commercial Building & Real Estate, Other Travel, Construction & Property, Lodging, Destinations, Travel, Vacation, Residential Building & Real Estate, RevPAR, Heart, P&O Hotel (Fremantle), Herald, Music, Microsoft, Midtown Manhattan, U.S. News & World Report, Walt Disney Concert Hall, Blakely, Wyndham Hotels & Resorts, Microsoft Theater, Walking, Acquisition, Los Angeles Music Center, Pershing Square, Times Square, Lancaster County Convention Center, Growth, Economics, Convention center, Hotel, Tourism, Nightclub, Commercial property, L.A. Live

These hotels join The Blakely by LuxUrban, Trademark Collection® by Wyndham in New York City as the latest LuxUrban property additions to the Wyndham Hotels & Resorts (“Wyndham”) brand family.

Key Points: 
  • These hotels join The Blakely by LuxUrban, Trademark Collection® by Wyndham in New York City as the latest LuxUrban property additions to the Wyndham Hotels & Resorts (“Wyndham”) brand family.
  • “We are very pleased to have three properties integrate to the Wyndham brand and operating platform,” said Brian Ferdinand, Chairman and CEO of LuxUrban Hotels.
  • We continue to expect that at least 60% of LuxUrban hotels will be onboarded to the Wyndham platform by the end of 2023 third quarter, with the remainder joining by the end of this year.”
    The Herald by LuxUrban, Trademark Collection® by Wyndham is a 167-room “hidden gem” located in the heart of New York City.
  • Mr. Ferdinand noted each of these three properties is now part of Wyndham Rewards®, recently named the number one hotel rewards program by editors of U.S News & World Report.

Icahn Enterprises Responds to Self-Serving Short Seller Report

Retrieved on: 
Wednesday, May 10, 2023
Workforce, Hindenburg, Partnership, Third Point Management, Failure, Chapter 11, Title 11, United States Code, COVID-19, Tax, Income tax, Wall Street, NAV, GAAP, Investment Company Act of 1940, Icahn, Forecasting, Icahn Enterprises, Food packaging, Public expenditure, EBITDA, Pershing Square, Investment, Depreciation, Security (finance), Transport, Adjustment, Real estate, Bookkeeping, Bank, Pharma, IEP

The short seller report compares the publicly managed vehicles of Third Point and Pershing Square to IEP.

Key Points: 
  • The short seller report compares the publicly managed vehicles of Third Point and Pershing Square to IEP.
  • "  The short seller report goes on to further state "We were unable to locate granular disclosure on Icahn's investment fund fees but we reached out to the company for clarification."
  • IEP is not encumbered by any fees, salary or any other compensation payable to Mr. Icahn.
  • This fact highlights how the short seller report aims to destroy the hard-earned savings of retail and public investors.

LuxUrban Hotels Inc. Signs Master Lease Agreements for the O Hotel in Los Angeles and 101 Bogart Street in Brooklyn, New York

Retrieved on: 
Wednesday, February 8, 2023
Commercial Building & Real Estate, Construction & Property, Lodging, Travel, Pershing Square, Transport, Convention center, Music, Gaylord Opryland Resort & Convention Center, Microsoft, Netflix, MLA, Form, Tokyo File 212, Los Angeles Music Center, A&O Hotels and Hostels, Walt Disney Concert Hall, Microsoft Theater, Heart, Universal Pictures, COVID-19, Member of the Legislative Assembly, Humphrey Bogart, Television, Walking, Hotel, L.A. Live

The O Hotel establishes LuxUrban's presence in Los Angeles and 101 Bogart Street increases the Company’s property density in New York City.

Key Points: 
  • The O Hotel establishes LuxUrban's presence in Los Angeles and 101 Bogart Street increases the Company’s property density in New York City.
  • These short-term stay hotels will be marketed to business and vacation travelers via the Company’s consumer facing LuxUrbanTM brand.
  • Inclusive of these new properties, LuxUrban has 17 short-term stay hotels under lease in Los Angeles, Miami, New Orleans, New York City, and Washington, DC.
  • Guests at the LuxUrban Hotels properties are provided high quality service under the Company’s consumer brand, LuxUrbanTM.

The Pershing Square Funds Announce the Final Results of Their Tender Offer for Common Shares of The Howard Hughes Corporation

Retrieved on: 
Thursday, December 1, 2022
Asset Management, Professional Services, Finance, Midnight, PS, Pershing Square Capital Management, Howard Hughes Corporation, Pershing Square, HHC, Indian stock exchange, NYSE, Capital Purchase Program, Financial adviser

Pershing Square Capital Management, L.P. (PSCM) today announced the final results of the cash tender offer (the Offer) by Pershing Square, L.P. (PS), Pershing Square International, Ltd. (PS International) and Pershing Square Holdings, Ltd. (PSH and together with PS and PS International, the Purchasers) to purchase up to an aggregate of 6,340,000 shares of common stock (each, a Common Share) of The Howard Hughes Corporation (NYSE: HHC), which expired at 12:00 Midnight, New York City time, at the end of November 28, 2022.

Key Points: 
  • Pershing Square Capital Management, L.P. (PSCM) today announced the final results of the cash tender offer (the Offer) by Pershing Square, L.P. (PS), Pershing Square International, Ltd. (PS International) and Pershing Square Holdings, Ltd. (PSH and together with PS and PS International, the Purchasers) to purchase up to an aggregate of 6,340,000 shares of common stock (each, a Common Share) of The Howard Hughes Corporation (NYSE: HHC), which expired at 12:00 Midnight, New York City time, at the end of November 28, 2022.
  • The Purchasers have accepted for payment, at a purchase price of $70.00 per Common Share, and will promptly pay for, all 1,559,205 Common Shares that were validly tendered and not validly withdrawn pursuant to the Offer.
  • After giving effect to this transaction, PSCM and its affiliates beneficially own approximately 30.4% of the Common Shares outstanding as of October 26, 2022.
  • About Pershing Square Capital Management, L.P.
    Pershing Square Capital Management, L.P., based in New York City, is a SEC-registered investment advisor to investment funds.

The Pershing Square Funds Announce the Preliminary Results of Their Tender Offer for Common Shares of The Howard Hughes Corporation

Retrieved on: 
Tuesday, November 29, 2022
Banking, Professional Services, Finance, Midnight, PS, Pershing Square Capital Management, Howard Hughes Corporation, Jefferies Group, Computershare, Pershing Square, Jefferies, HHC, Indian stock exchange, Security (finance), NYSE, Capital Purchase Program, Financial adviser

Based on a preliminary count by the depositary for the Offer, 1,559,205 Common Shares were validly tendered and not validly withdrawn, including 166,232 Common Shares that were tendered by notice of guaranteed delivery.

Key Points: 
  • Based on a preliminary count by the depositary for the Offer, 1,559,205 Common Shares were validly tendered and not validly withdrawn, including 166,232 Common Shares that were tendered by notice of guaranteed delivery.
  • The total of 1,559,205 Common Shares that the Purchasers expect to accept for purchase represents approximately 3.1% of the Companys outstanding Common Shares as of October 26, 2022.
  • Payment for Common Shares accepted for purchase under the Offer, and the return of all other Common Shares tendered and not purchased, will occur promptly thereafter.
  • About Pershing Square Capital Management, L.P.
    Pershing Square Capital Management, L.P., based in New York City, is a SEC-registered investment advisor to investment funds.

The Pershing Square Funds Have Extended Their Tender Offer and Increased the Price Range for up to 6,340,000 Common Shares of The Howard Hughes Corporation

Retrieved on: 
Friday, November 11, 2022
Banking, Professional Services, Finance, Midnight, Indian stock exchange, Purchasing, Company, COMMON, Howard Hughes Corporation, Computershare, Letter, PS, View, Pershing Square Capital Management, SEC, HHC, Forward-looking statement, Expiration date, Jefferies, Jefferies Group, Tender, Offer, NYSE, Pershing Square, Expiration, Security (finance), Auction, Financial adviser, Letter of transmittal

The Purchasers have stated that the newly increased price range represents the Purchasers best and final offer.

Key Points: 
  • The Purchasers have stated that the newly increased price range represents the Purchasers best and final offer.
  • The $70.00 high-end of the price range represents a 28% premium above the closing price of the Common Shares on October 13, 2022, the last trading day prior to the announcement of the Offer.
  • Any extension of the Offer will be announced publicly on the first business day after the Expiration Date.
  • About Pershing Square Capital Management, L.P.
    Pershing Square Capital Management, L.P., based in New York City, is a SEC-registered investment advisor to investment funds.

Pershing Square Capital Management, L.P. Announces that Pershing Square, L.P., Pershing Square International, Ltd., and Pershing Square Holdings, Ltd. Commence Tender Offer for up to 6,340,000 Common Shares of The Howard Hughes Corporation

Retrieved on: 
Friday, October 14, 2022
Professional Services, Finance, Midnight, U.S. Securities and Exchange Commission, Expiration date, PS, SEC, Howard Hughes Corporation, COMMON, LLC, NYSE, Jefferies Group, Purchasing, Indian stock exchange, Pershing Square, HHC, Security (finance), Company, Computershare, Expiration, PSH, Forward-looking statement, Pershing Square Capital Management, Letter, Financial adviser, Letter of transmittal

The Purchasers are making this Offer because they believe the Companys current stock price is below the Companys long-term intrinsic value per share.

Key Points: 
  • The Purchasers are making this Offer because they believe the Companys current stock price is below the Companys long-term intrinsic value per share.
  • Any extension of the Offer will be announced publicly on the first business day after the Expiration Date.
  • Holders interested in tendering their Common Shares must do so in accordance with the procedures set forth in the Offer to Purchase.
  • About Pershing Square Capital Management, L.P.
    Pershing Square Capital Management, L.P. (Pershing Square), based in New York City, is a SEC-registered investment advisor to investment funds.

Vezbi Super App to be the Event App for 'Fiestas de Octubre' Los Angeles

Retrieved on: 
Wednesday, October 5, 2022
CA, Life, Pershing Square, Technology, Terms of service, Mexico, IOS, GLOBE, Drug, Mobile phone

LOS ANGELES, CA, Oct. 05, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire Vezbi Super App announces today that it will be sponsoring Fiestas de Octubre along with AJUA Jalisco & Chefs Supporting Chefs.

Key Points: 
  • LOS ANGELES, CA, Oct. 05, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire Vezbi Super App announces today that it will be sponsoring Fiestas de Octubre along with AJUA Jalisco & Chefs Supporting Chefs.
  • Vezbi is a community-driven Super App designed to organize and consolidate all facets of life in one centralized application.
  • To learn more about Fiestas de Octubre, see Events on the Vezbi Super App.
  • To learn more about Chefs Supporting Chefs, visit their Micro-App on the Vezbi Super App.

The Millennium Biltmore Los Angeles Welcomes Alex DeCarvalho as General Manager

Retrieved on: 
Wednesday, September 14, 2022
Millennium Biltmore Hotel, Academy Awards, Group, VP, 94th Academy Awards, Academy, LOS, Pershing Square, IHG Hotels & Resorts, Growth, Tokyo Disney Resort, Millennium & Copthorne Hotels, History, Renaissance, Millennium Hotel, Crystal Ballroom (Melbourne), Instagram, Millennium Group, Oscar, General manager, Restaurant, Los Angeles Historic-Cultural Monument, Roaring Twenties, Millennium, Academy of Motion Picture Arts and Sciences, Crystal Ballroom, Nightclub, Hotel, Facebook, Classical Hollywood cinema

LOS ANGELES, Sept. 14, 2022 /PRNewswire/ -- The Millennium Biltmore Los Angeles - one of the most architecturally stunning and historic hotels in the U.S. - is pleased to welcome Alex DeCarvalho as the new General Manager. This change goes into effect as of August 2022, as the hotel is approaching its 100-year anniversary. 

Key Points: 
  • DeCarvalho makes the transition from the East Coast back to his California roots, bringing 25 years of hotel management experience
    LOS ANGELES, Sept. 14, 2022 /PRNewswire/ --The Millennium Biltmore Los Angeles - one of the most architecturally stunning and historic hotels in the U.S. - is pleased to welcome Alex DeCarvalho as the new General Manager.
  • "My focus as General Manager will be to revamp the Millennium Biltmore Los Angeles while preserving and celebrating it as a piece of history for the city of Los Angeles while still offering best in class service and accommodations to guests."
  • After five years of experience working with the Millennium Group, DeCarvalho decided to return to his California roots and take his management experience to the iconic Millennium Biltmore Los Angeles.
  • The culmination of DeCarvalho's background in the premium hotels and leisure industry makes him the ideal individual for the General Manager of the Millennium Biltmore Los Angeles.