Howard Hughes to create new holding company structure to promote growth

Howard Hughes Corp.’s stock HHC rose 2.6% in premarket trade Monday, after the company said its board has authorized the creation of a newly incorporated holding company structure, which will become the new parent and replace it as publicly traded entity on the New York Stock Exchange.

6% in premarket trade Monday, after the company said its board has authorized the creation of a newly incorporated holding company structure, which will become the new parent and replace it as publicly traded entity on the New York Stock Exchange.

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