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