The Traderszone Network

Published in TZ Latest News 4 August, 2017 by The TZ Newswire Staff

Pershing Square’s Ackman To Push For Board Seats At ADP

Bill Ackman’s Pershing Square Capital Management has taken an 8% stake worth about $4 billion in payroll and benefits giant Automatic Data Processing, and is pushing the company for board seats in what ADP characterized on Friday as a quest for “effective control.”

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