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Howard Hughes Extends Standstill Agreement with Pershing Square

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Howard Hughes Extends Standstill Agreement with Pershing Square

Howard Hughes Holdings ( (HHH) ) has issued an update.

On March 12, 2025, Howard Hughes Holdings Inc. announced an extension of its standstill agreement with Pershing Square Capital Management L.P., now effective until April 7, 2025. The company has not guaranteed any specific outcomes from these discussions and will provide further updates only if necessary. Morgan Stanley & Co. LLC is advising the Special Committee of the Board of Directors, with Hogan Lovells US LLP and Richards, Layton & Finger, P.A. serving as legal counsel.

More about Howard Hughes Holdings

Howard Hughes Holdings Inc. owns, manages, and develops commercial, residential, and mixed-use real estate throughout the U.S. Its award-winning assets include master planned communities and development opportunities in areas such as Downtown Columbia in Maryland, The Woodlands in Texas, Summerlin in Las Vegas, Ward Village in Honolulu, and Teravalis in Phoenix. The company is recognized for its commitment to design excellence and cultural life in its communities and is traded on the New York Stock Exchange as HHH.

YTD Price Performance: -3.94%

Average Trading Volume: 462,536

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.67B

For detailed information about HHH stock, go to TipRanks’ Stock Analysis page.

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