The pershing square funds have extended their tender offer and increased the price range for up to 6,340,000 common shares of the howard hughes corporation

New york--( business wire )--pershing square capital management, l.p. today announced that pershing square, l.p. (“ps”), pershing square international, ltd. (“ps international”) and pershing square holdings, ltd. (“psh” and together with ps and ps international, the “purchasers”) have increased the price range of their previously announced cash tender offer to purchase up to an aggregate of 6,340,000 shares of common stock, $0.01 par value per share (each, a “common share”), of the howard hughes corporation, a delaware corporation (nyse: hhc) (the “company”), to not greater than $70.00 nor less than $61.00 per common share, net to the seller in cash, less any applicable withholding taxes and without interest (as amended, the “offer”).
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