1. Howard Hughes Announces Management Reshuffle, to Sell Assets Worth $2 Billion

    Howard Hughes Announces Management Reshuffle, to Sell Assets Worth $2 Billion

    (Reuters) - Howard Hughes Corp , which counts activist investor William Ackman as chairman, said on Monday it would sell about $2 billion of non-core assets following a strategic review and announced a management reshuffle. Shares of the company were down 18.4% at $104.70 in extended trading...

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    1. There was a belief that the entire company would be sold or the company would go private.
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