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Bill Ackman's Pershing Square offers to take over real estate developer Howard Hughes for $85 a share

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Summary
Nutrition label

70% Informative

Pershing Square is offering to take over the rest of Howard Hughes Holdings that the investment firm does not own.

Ackman proposed forming a new subsidiary of Pershing that would merge with the real estate developer.

Howard Hughes shares jumped 11% to $ 79.67 a share in premarket trading.

VR Score

77

Informative language

81

Neutral language

30

Article tone

formal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links