Published in TZ Latest News
7 November, 2017 by The TZ Newswire Staff
Pershing Square’s Ackman Defeated In ADP Proxy Battle
Bill Ackman’s bruising proxy battle with Automatic Data Processing ended in defeat Tuesday as the activist investor’s bid to gain three board seats at the company was soundly rejected by ADP shareholders.
Bill Ackman’s bruising proxy battle with Automatic Data Processing ended in defeat Tuesday as the activist investor’s bid to gain three board seats at the company was soundly rejected by ADP shareholders.