Activist Ackman looks for board seats, better returns at payroll firm ADP – Reuters

Activist Ackman looks for board seats, better returns at payroll firm ADP
Reuters
(Reuters) – Billionaire investor William Ackman on Friday said his hedge fund had taken an 8 percent stake in Automatic Data Processing Inc (ADP.O) and plans to ask for board seats so he can push the U.S. human resources outsourcing company to cut …
Ackman on comeback trail takes aim at ADP, gets instant pushbackmySanAntonio.com
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