Story perspectives
Bill Ackman Boosts Investments, Eyes Modern Berkshire Hathaway
2/23/2025
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Story summary
- Bill Ackman plans to acquire a majority stake in Howard Hughes Holdings, envisioning a "modern-day Berkshire Hathaway."
- Ackman's investment in Uber, totaling 30.3 million shares, led to a 9.4% increase in its stock.
- Pershing Square is increasing its stake in Nike, reflecting confidence amid the company's challenges.
- Nike's collaboration with SKIMS seeks to rejuvenate its brand and enhance its product offerings.
