Tags: Ackman

ADP rejects Pershing Square ahead of vote

ADP has once more rejected Pershing Square’s demands after a meeting with the ADP board. This time ADP has appeared to give Pershing Square time to voice their opinions in a meeting with the full board at ADP on September 5th. At that meeting Pershing Square requested that rather than replace existing directors, the original…

Ackman promises to unveils ADP problems

Correction below : Please see comment at bottom of article The battle to influence ADP by the billionaire Bill Ackman continues with Pershing Square naming and nominating three directors to the ADP board. This could be seen as a climb down by Ackman after he previously requested to nominate five several  directors and potentially moving…