Q: It seems Bill Ackman is trying to create a Berkshire type holding company, is this correct?
Would you buy this as a long term investment at the current price?
Would you buy this as a long term investment at the current price?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hello all at 5i
Was looking at the proposed transaction initiated by Bill Ackman's Pershing Square whereby additional shares of Howard Hughes Holdings are to be acquired by Pershing along with a simultaneous share buyback of approx. 5.8M shares. The proposed buyback would be financed via issuance of bonds (swapping equity for debt).
HHH appears to have a nice collection of real estate assets. Ackman has stated that HHH will be a permanent holding. Bill Ackman is a (very) smart guy but do you think HHH is a smart investment?
Thank you
Brad
Brad
Was looking at the proposed transaction initiated by Bill Ackman's Pershing Square whereby additional shares of Howard Hughes Holdings are to be acquired by Pershing along with a simultaneous share buyback of approx. 5.8M shares. The proposed buyback would be financed via issuance of bonds (swapping equity for debt).
HHH appears to have a nice collection of real estate assets. Ackman has stated that HHH will be a permanent holding. Bill Ackman is a (very) smart guy but do you think HHH is a smart investment?
Thank you
Brad
Brad