Ackman's Pershing Square To Trim Stake In Howard Hughes

By Tom Zanki ( January 3, 2018, 3:31 PM EST) -- Bill Ackman's Pershing Square Capital Management LP hedge fund plans to pare its stake in real estate developer Howard Hughes Corp. through the sale of 2. 5 million shares, potentially raising more than $300 million, according to a regulatory filing Wednesday. . . .

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