The hedge fund manager is waging his own money this time in a bid to build another financial behemoth that can rival the life's work of Warren Buffett.

Bill Ackman's Pershing Square proposed to acquire 10 million newly issued Howard Hughes shares at $90 per share — up from $85 per share earlier.

Ackman just submitted a revised proposal for Howard Hughes Holdings. A few weeks ago, Bill Ackman submitted a proposal to acquire a majority stake in Howard Hughes Holdings ( HHH -0.93%) with the goal of building it into a "modern-day Berkshire Hathaway ( BRK.

Billionaire investor Bill Ackman's Pershing Square has submitted a proposal to purchase 10 million newly issued shares of Howard Hughes Holdings at $90 each. The purchase would gi

Bill Ackman is attempting to copy the conglomerate style and Berkshire Hathaway creation of Warren Buffett with a new buyout offer.

Bill Ackman is attempting to copy the conglomerate style and Berkshire Hathaway creation of Warren Buffett with a new buyout offer.

Pershing Square’s Bill Ackman hiked his takeover offer for Howard Hughes Holdings to create a “modern-day” Berkshire Hathaway.

Bill Ackman, head of hedge fund Pershing Square Capital Management, said he'll announce a transformational deal on Tuesday, akin to Warren Buffett gaining control of Berkshire Hathaway (BRK.B) (BRK.A),

Billionaire Bill Ackman made another offer in an attempt to take more control of Howard Hughes Holding, where his firm is already the largest shareholder.

Fast forward half a century, Bill Ackman, the billionaire hedge fund manager behind Pershing Square Capital Management, is looking to replicate Buffett’s success by creating a “modern-day Berkshire Hathaway.

A key problem is that the Howard Hughes board and the special committee evaluating the proposal may not want to turn the company into an Ackman-led mini Berkshire.

Among other trades, the hedge-fund manager sells a big-name consumer giant and buys into a real estate company.