Howard Hughes Holdings receives a $900M capital infusion from Bill Ackman. See why HHH stock is a strong buy with potential for high ROI and restructuring.

Billionaire investor Bill Ackman's Pershing Square Capital Management said on Tuesday it would buy 10 million newly issued shares of Howard Hughes Holdings for $900 million as it revised its proposal to the real estate developer.

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The deal would give hedge-fund manager Bill Ackman’s firm a 48% stake in the company known for master-planned community developments.

Pershing Square submitted a new non-binding offer to increase its stake in Howard Hughes Holdings through a $900 million investment that would make Bill Ackman the new chief executive of the real-estate company.

Howard Hughes Holdings (HHH) shares retreated 8% in Wednesday late morning trading, wiping out Tuesday's 6.8% gain, after confirming a previously reported revised takeover proposal from Pershing Square Capital Management.

The Woodlands-based Howard Hughes Holdings Inc. (NYSE: HHH) has received a new offer from its former chairman’s firm. Pershing Square Holdco LP, the parent holding company of Pe