Search results
Results from the WOW.Com Content Network
Pershing Square's Bill Ackman is already out with an amended filing after his activist investor activities increased against General Growth Properties Inc. (NYSE: GGP), which also brings up a bit ...
When Pershing Square Capital Management filed a Form 13D with the SEC yesterday related to its ownership interests in General Growth Properties Inc. (NYSE: GGP), Pershing Square's Bill Ackman ...
General Growth Properties Inc. (NYSE: GGP) is on the move after a letter was sent to the company calling for a sale by activist investor (and 2nd largest shareholder) Pershing Square. Bill Ackman ...
The spin-off of HHC to GGP's shareholders was completed on November 9, 2010, when GGP exited bankruptcy. [7] [8] The new company held a portfolio that included GGP's master planned communities, mixed-use developments, and undeveloped land. [8] Hedge fund manager Bill Ackman was appointed chairman of the new company. [7]
GGP Inc. (an initialism of General Growth Properties) was an American commercial real estate company and the second-largest shopping mall operator in the United States. It was founded by brothers Martin , Matthew and Maurice Bucksbaum in Cedar Rapids, Iowa , in 1954, and was headquartered in Chicago , Illinois , from 2000.
In 2013, Pershing Square acquired a $2.2 billion stake in Air Products & Chemicals, [24] and nominated Matt Paull to serve on the company's board. [25] Pershing Square sold its stake in 2017. According to a letter cited by Reuters, during Pershing Square’s four-and-half-year investment, APD delivered a 104.7% total shareholder return. [26]
General Growth Properties (GGP) filed a reorganization plan, seeking to emerge from bankruptcy in October with $7 billion to $8.5 billion in new capital, the company announced Tuesday. The nation ...
Bill Ackman runs Pershing Square Capital Management, and he’s one of the most high-profile investors of the last decade. ... He cleaned up on mall operator General Growth Properties and real ...