Bill Ackman Howard Hughes

Bill Ackman, Howard Hughes and Vantage Group Holdings

Bill Ackman bets $2.1B on insurer in bid to turn Howard Hughes into mini-Berkshire

Bill Ackman is trying to turn a real estate developer into an insurance-fueled mini–Berkshire Hathaway — and he just made his biggest move yet. Howard Hughes Holdings Inc., the company best known for sprawling master planned communities,

· 1d · on MSN

Howard Hughes' Vantage deal gives Bill Ackman a platform to build a diversified holding company

· 1d · on MSN

Ackman-backed Howard Hughes to buy insurer Vantage for $2.1 billion

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Bill Ackman strikes $2.1bn deal for insurer in bid to build ‘modern Berkshire Hathaway’

Howard Hughes has announced a deal to acquire a Bermuda-based insurance company for $2.1bn, as the activist investor seeks to build what he has called a “modern-day Berkshire Hathaway”.

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Pershing Square Backs Howard Hughes $2.1 Billion Vantage Bid

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Bill Ackman's Next Berkshire? Inside His $1B Bet on Howard Hughes and Vantage Insurance

Insurance Business America

$2.1-billion deal plans to make the next Berkshire Hathaway

Bill Ackman has taken a decisive step in his effort to remake Howard Hughes Holdings from a Texas real estate developer into what he has described as a “modern-day Berkshire Hathaway ”, agreeing to buy the Bermuda-based property and casualty insurer Vantage Risk in a $2.1bn deal.

15h

Howard Hughes Holdings Continues Its Transformation

Howard Hughes acquires Vantage to boost returns and cash flow. Vantage will continue to improve underwriting profitability. See more on HHH stock here.