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One billionaire investor plans to take this long-term focused real estate company and make it the next big conglomerate.
Billionaire hedge fund manager Bill Ackman recently announced his intention to take control of real estate development company Howard Hughes Holdings (HHH -0.11%). But even though Ackman will own a majority stake, he plans to use this as Pershing Square's modern-day Berkshire Hathaway. Watch this short video for all the important details.
*Stock prices used were the morning prices of Jan. 15, 2025. The video was published on Jan. 15, 2025.
Matt Frankel has positions in Berkshire Hathaway and Howard Hughes. The Motley Fool has positions in and recommends Berkshire Hathaway and Howard Hughes. The Motley Fool has a disclosure policy.
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