Explore Bill Ackman's bold bid for Howard Hughes, its potential challenges, valuation insights, and the ambitious plan to emulate Berkshire. Click here to read.

The board deemed Pershing Square Capital’s acquisition proposal “not acceptable in its current form,” and both sides signed a standstill agreement.

The board of directors for the developer of master-planned communities called the $90-per-share offer from Pershing Square "not acceptable in its current form."