Billionaire investor Bill Ackman has ambitious plans to transform Howard Hughes Holdings (HHH 2.08%) into the next Berkshire Hathaway (BRK.A -0.51%) (BRK.B -0.36%). In this video, I'll discuss the latest developments with the potential deal, the current state of Howard Hughes' business, and why the company might think Ackman's offer is inadequate.

*Stock prices used were the morning prices of March 6, 2025. The video was published on March 7, 2025.