Howard Hughes Holdings Inc. (HHH) M&A Call Transcript
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SA Transcripts157.41K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Howard Hughes Holdings Inc. (HHH) M&A Call December 18, 2025 8:30 AM EST Company Participants Joseph Valane - General CounselWilliam Ackman - Executive ChairmanRyan Israel - Chief Investment Officer & DirectorDavid O'Reilly - CEO & DirectorCarlos Olea - Chief Financial Officer Conference Call Participants Alexander Goldfarb - Piper Sandler & Co., Research DivisionAnthony Paolone - JPMorgan Chase & Co, Research DivisionMeyer Shields - Keefe, Bruyette, & Woods, Inc., Research DivisionRyan Shelley - BofA Securities, Research DivisionJonathan Petersen - Jefferies LLC, Research Division Presentation Operator Good day, and thank you for standing by. Welcome to the Howard Hughes Holdings to acquire Vantage Group Holdings Ltd. Conference Call. [Operator Instructions] Please be advised today's conference is being recorded. I would now like to hand the conference over to your speaker today, Joe Valane, General Counsel. Please go ahead. Joseph ValaneGeneral Counsel Good morning, and welcome to a special conference call for Howard Hughes Holdings. With me today are Bill Ackman, Executive Chairman; Ryan Israel, Chief Investment Officer; David O'Reilly, Chief Executive Officer; and Carlos Olea, Chief Financial Officer. Before we begin, I would like to remind everyone that certain statements made today that are not in the present tense or that discuss the company's expectations are forward-looking statements within the meaning of the federal securities laws. While we believe that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that these expectations will be achieved. Please see the forward-looking statement disclaimer in this presentation and the risk factors in our SEC filings for factors that could cause material differences between forward-looking statements and actual results. We are not under any duty to update forward-looking statements unless required by law. With that, I will turn the call over to Bill. William