I recommend that every $HHH shareholder reach out to Eric Holcomb ([email protected]), head of investor relations at HHH to share your feedback regarding the Pershing Square proposal.
Eric will ensure that the feedback is shared with the special committee evaluating the offer.
My perspective is similar to other feedback/analysis that has been shared on X. The offer is unambiguously bad for HHH shareholders and serves Bill Ackman and his GP (the GP receives a 1.5% management fee forever!)
HHH's business is firing on all cylinders and free cash flow generation is about to inflect higher. All that cash can be used to buy back stock at a massive discount to NAV.
If a credible offer from Pershing or another partner is made, the Special Committee should evaluate it. But absent this, the company should continue with its current strategy and pour excess free cash flow generation into share buybacks.
@BillAckman I have NO idea who could oppose a guy whose mentality is like this: “I see somebody on a hiking trail carrying a little baby and I say to him, better not get them vaccinated”
🚨 👀🧐: Global shipping logs for the SoC and screens in August suggest mass production and assembly have begun in earnest and thus (1) a Switch 2 reveal trailer is weeks away & (2) a global launch/release date in April/May.🚨
LFG $NTDOY!!