In a post prior to the announcement, Ackman likened his firm's move to the approach Warren Buffett has used with Berkshire (BRK-A, BRK-B), in which Buffett turned a textile manufa

Pershing Square’s Bill Ackman hiked his takeover offer for Howard Hughes Holdings to create a “modern-day” Berkshire Hathaway.

Howard Hughes Holdings shares popped in afternoon trading after investor Bill Ackman posted on X that he would announce a “potential transaction” to create a modern version of Berkshire Hathaway. Then,