The Howard Hughes Corporation (NYSE: HHC) is a major real estate development and management company based in Dallas, Texas, which was founded by Howard Hughes. Later sold to the Rouse Company, it became a separate company again in 2010, as a spinoff of General Growth Properties (GGP).
Upon exiting bankruptcy, GGP spun off The Howard Hughes Corporation as a public company on November 9, 2010. GGP stockholders received 0.098344 shares of The Howard Hughes Corporation common stock for every 1 share of GGP common stock held. At that point, HHC assumed ownership of all of the GGPs planned developments, including one of the country's original master planned communities of Columbia, Maryland, The Woodlands, Texas and The Shops at Summerlin Centre.
Read more about The Howard Hughes Corporation: Hotels and Casinos Formerly Owned By Summa, Development Projects
Famous quotes containing the words howard, hughes and/or corporation:
“I don’t know the man I admire more than [Charles Evans] Hughes. If ever I have the chance I shall offer him the Chief Justiceship.”
—William Howard Taft (1857–1930)
“Babe, you know how these things go, it’s like a crap game. When you’re hot you shoot everything, you shoot the works. Well, right now baby, I’m so hot I’m burning up all over.”
—Gus Van Sant, U.S. screenwriter, and Dan Yost. Bob Hughes (Matt Dillon)
“It is truly enough said that a corporation has no conscience; but a corporation of conscientious men is a corporation with a conscience.”
—Henry David Thoreau (1817–1862)