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Bill Ackman raises bid for Howard Hughes, says he will turn it into ‘modern-day Berkshire’

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Summary
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71% Informative

Pershing Square's Bill Ackman hiked his takeover offer for Howard Hughes Holdings .

The billionaire investor said he wants to create a "modern-day" Berkshire Hathaway.

Ackman will become chairman and CEO of Howard Hughes if the deal comes to fruition.

The real estate developer is based in The Woodlands , Texas .

VR Score

77

Informative language

81

Neutral language

36

Article tone

formal

Language

English

Language complexity

51

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

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