Development firm Howard Hughes Corporation is exploring a possible sale as its struggle to close a “significant gap” between its share price and it net asset value, CEO David Weinreb said, according to Reuters. The Dallas-based firm has hired Centerview Partners to also consider other options, which include creating a spinoff or joint venture group, recapitalizing, or selling the company entirely, Reuters reported. The review is expected to be complete by the end of summer. […]
source https://therealdeal.com/national/2019/06/27/developer-howard-hughes-mulls-sale-amid-continued-financial-uncertainty/#new_tab
No comments:
Post a Comment