Billionaire investor Bill Ackman's Pershing Square Capital Management said on Tuesday it would buy 10 million newly issued shares of Howard Hughes Holdings for $900 million as it revised its proposal to the real estate developer.

The deal would give hedge-fund manager Bill Ackman’s firm a 48% stake in the company known for master-planned community developments.

Bill Ackman’s Pershing Square Capital Management has revised its plans to merge with commercial real estate giant Howard Hughes Holdings.

(Reuters) -Billionaire investor Bill Ackman's Pershing Square Capital Management said on Tuesday it would buy 10 million newly issued shares of Howard Hughes Holdings for $90 apiece in its revised proposal for the real estate developer.

American billionaire Bill Ackman’s Pershing Square Capital Management has proposed a $900 million bid to significantly boost its stake in

Billionaire investor Bill Ackman increased his stake in sportswear company Nike by 15% and cut his investment in fast-casual food chain Chipotle Mexican Grill by 14%.

Howard Hughes Holdings (HHH) shares retreated 8% in Wednesday late morning trading, wiping out Tuesday's 6.8% gain, after confirming a revised takeover proposal from billionaire investor Bill Ackman's Pershing Square Capital Management.

The Woodlands-based Howard Hughes Holdings Inc. (NYSE: HHH) has received a new offer from its former chairman’s firm. Pershing Square Holdco LP, the parent holding company of Pe

Billionaire investor Bill Ackman’s Pershing Square Capital Management increased its stake in Nike (NKE) stock by 15% during the fourth quarter.

Bill Ackman made a bid to take Howard Hughes Holdings private, with the goal of turning the real estate firm into a holding company.

Howard Hughes Holdings receives a $900M capital infusion from Bill Ackman. See why HHH stock is a strong buy with potential for high ROI and restructuring.