The Traderszone Network

Published in TZ Latest News 28 August, 2017 by The TZ Newswire Staff

SEC Filing: Ackman Preferred ADP Board Expansion To Proxy Fight

Pershing Square’s Bill Ackman offered to call off a looming proxy battle with payroll processing giant Automatic Data Processing, according to a regulatory filing Monday, if the activist investor’s nominees were added to the company’s board of directors.

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