Pershing Square hedge fund manager Bill Ackman recently made an offer to acquire a majority stake in real estate development company Howard Hughes Holdings (HHH 1.29%). The only problem is that there's a lot to dislike about the structure of Ackman's deal, as my colleague Tyler Crowe and I explain in this video.
*Stock prices used were the morning prices of Jan. 23, 2025. The video was published on Jan. 24, 2025.