{"id":825050,"date":"2025-03-12T16:49:19","date_gmt":"2025-03-12T20:49:19","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/howard-hughes-extends-standstill-agreement-with-pershing-square\/"},"modified":"2025-03-12T16:49:19","modified_gmt":"2025-03-12T20:49:19","slug":"howard-hughes-extends-standstill-agreement-with-pershing-square","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/howard-hughes-extends-standstill-agreement-with-pershing-square\/","title":{"rendered":"Howard Hughes Extends Standstill Agreement with Pershing Square"},"content":{"rendered":"<div class=\"mw_release\">\n<p>THE WOODLANDS, Texas, March  12, 2025  (GLOBE NEWSWIRE) &#8212; Howard Hughes Holdings Inc.\u00a0(NYSE: HHH) (the \u201cCompany\u201d or \u201cHHH\u201d) today announced an extension to the previously announced standstill agreement with Pershing Square Capital Management L.P. (\u201cPershing Square\u201d). The standstill agreement will now remain in effect until April 7, 2025, unless further extended.<\/p>\n<p>There can be no assurance that discussions with Pershing Square will result in any particular outcome, and HHH does not intend to comment further on these matters until HHH determines that additional disclosure is appropriate or required by law.<\/p>\n<p>Morgan Stanley &amp; Co. LLC\u00a0is acting as financial advisor to the Special Committee of the Board of Directors, and\u00a0Hogan Lovells US LLP\u00a0and\u00a0Richards, Layton &amp; Finger, P.A. are acting as legal counsel.<\/p>\n<p>\n        <strong>About\u00a0Howard Hughes Holdings Inc.<\/strong>\n      <\/p>\n<p>Howard Hughes Holdings Inc.\u00a0owns, manages, and develops commercial, residential, and mixed-use real estate throughout the\u00a0U.S.\u00a0Its award-winning assets include the country\u2019s preeminent portfolio of master planned communities, as well as operating properties and development opportunities including\u00a0Downtown Columbia<sup>\u00ae<\/sup>\u00a0in\u00a0Maryland;\u00a0The Woodlands<sup>\u00ae<\/sup>, Bridgeland<sup>\u00ae<\/sup>\u00a0and\u00a0The Woodlands Hills<sup>\u00ae<\/sup>\u00a0in the\u00a0Greater Houston, Texas\u00a0area; Summerlin<sup>\u00ae<\/sup>\u00a0in\u00a0Las Vegas;\u00a0Ward Village<sup>\u00ae<\/sup>\u00a0in\u00a0Honolulu, Hawai\u02bbi; and Teravalis\u2122 in the\u00a0Greater Phoenix, Arizona\u00a0area.\u00a0The Howard Hughes\u00a0portfolio is strategically positioned to meet and accelerate development based on market demand, resulting in one of the strongest real estate platforms in the country. Dedicated to innovative placemaking, the company is recognized for its ongoing commitment to design excellence and to the cultural life of its communities.\u00a0Howard Hughes Holdings Inc.\u00a0is traded on the\u00a0New York Stock Exchange\u00a0as HHH. For additional information visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=41LRmCzTlEekIFoW7gLgmWzYx6xhb2kLixMsMhqfAy7kK7MDMj4monzqdqwSs_kbNjpj_hd1Puhym7qYiDd9wO7kA67Qur-p_2kqlJiDr2npnyBx6b52jFBwvngQC_lh4pVVWVm3ojaA7tRjCsVEDxQZJZ5DLztjfnwcYGIf0bn0AJwLqS8DeqANr-peIJZ4lnPye55a0eNyIgOC51rzhYTWPjEGVdLWVA2N92PFPSuAf0z-uCgR4DAw0NVyxIiwq6y-Dm5BZIILflIWhWIQBg==\" rel=\"nofollow\" target=\"_blank\">www.howardhughes.com<\/a>.<\/p>\n<p>\n        <strong>Safe Harbor Statement<\/strong>\n      <\/p>\n<p>Statements made in this press release that are not historical facts, including statements accompanied by words such as \u201cwill,\u201d \u201cbelieve,\u201d \u201cexpect,\u201d \u201cenables,\u201d \u201crealize,\u201d \u201cplan,\u201d \u201cintend,\u201d \u201cassume,\u201d \u201ctransform\u201d and other words of similar expression, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management\u2019s expectations, estimates, assumptions, and projections as of the date of this release and are not guarantees of future performance. Actual results may differ materially from those expressed or implied in these statements. Factors that could cause actual results to differ materially are set forth as risk factors in Howard Hughes Holdings Inc.\u2019s filings with the\u00a0Securities and Exchange Commission, including its Quarterly and Annual Reports.\u00a0Howard Hughes Holdings Inc.\u00a0cautions you not to place undue reliance on the forward-looking statements contained in this release.\u00a0Howard Hughes Holdings Inc.\u00a0does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release.<\/p>\n<p>\n        <strong>Contacts:<\/strong>\n      <\/p>\n<p>Media Relations<br \/>Andrew Siegel\u00a0\/\u00a0Lyle Weston\u00a0 <br \/>Joele Frank<br \/>212-355-4449<\/p>\n<p>Investor Relations<br \/>Eric Holcomb, 281-475-2144<br \/>Senior Vice President, Investor Relations<br \/>eric.holcomb@howardhughes.com<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM5MzMxNyM2ODAyODkyIzUwMDEyMDY2MQ==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/YzNmM2IzNTAtNjY2NS00MmRmLTk1YWUtNWE4YzgyNWNkZDcyLTUwMDEyMDY2MS0yMDI1LTAzLTEyLWVu\/tiny\/Howard-Hughes-Holdings-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>THE WOODLANDS, Texas, March 12, 2025 (GLOBE NEWSWIRE) &#8212; Howard Hughes Holdings Inc.\u00a0(NYSE: HHH) (the \u201cCompany\u201d or \u201cHHH\u201d) today announced an extension to the previously announced standstill agreement with Pershing Square Capital Management L.P. (\u201cPershing Square\u201d). The standstill agreement will now remain in effect until April 7, 2025, unless further extended. There can be no assurance that discussions with Pershing Square will result in any particular outcome, and HHH does not intend to comment further on these matters until HHH determines that additional disclosure is appropriate or required by law. Morgan Stanley &amp; Co. LLC\u00a0is acting as financial advisor to the Special Committee of the Board of Directors, and\u00a0Hogan Lovells US LLP\u00a0and\u00a0Richards, Layton &amp; Finger, P.A. are acting as legal &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/howard-hughes-extends-standstill-agreement-with-pershing-square\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Howard Hughes Extends Standstill Agreement with Pershing Square&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-825050","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Howard Hughes Extends Standstill Agreement with Pershing Square - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/howard-hughes-extends-standstill-agreement-with-pershing-square\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Howard Hughes Extends Standstill Agreement with Pershing Square - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"THE WOODLANDS, Texas, March 12, 2025 (GLOBE NEWSWIRE) &#8212; Howard Hughes Holdings Inc.\u00a0(NYSE: HHH) (the \u201cCompany\u201d or \u201cHHH\u201d) today announced an extension to the previously announced standstill agreement with Pershing Square Capital Management L.P. (\u201cPershing Square\u201d). The standstill agreement will now remain in effect until April 7, 2025, unless further extended. There can be no assurance that discussions with Pershing Square will result in any particular outcome, and HHH does not intend to comment further on these matters until HHH determines that additional disclosure is appropriate or required by law. Morgan Stanley &amp; Co. 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