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  "documentTitle": "Howard Hughes Holdings Inc. (HHH)",
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  "authorName": "William Ackman",
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  "presentationDate": "2025-02-18 00:00:00",
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  "notes": "The slide uses a visual anchor to contrast the $90 issuance price against the $61.46 unaffected price to demonstrate underperformance.",
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      "text": "HHH's share price has not traded above $90 since early 2022, when the Federal Reserve began to raise interest rates",
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      "text": "share price: $61.46",
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      "text": "(1) The closing price on August 5, 2024, prior to the public disclosure of Pershing Square's August 6 amendment of its Schedule 13D with respect to the company's common stock",
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      "text": "Premium to Recent Share Price Performance",
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