1. Breaking News: Bill Ackman Reportedly Suffers a Big Blow in his Effort to Shake Up ADP

    Breaking News:  Bill Ackman Reportedly Suffers a Big Blow in his Effort to Shake Up ADP

    ADP shareholders voted against adding three directors to its board including Bill Ackman, handing a loss to the activist investor after a three-month long campaign, The Wall Street Journal and Bloomberg reported on Tuesday.

    The billionaire founder of the hedge fund Pershing Square has engaged in a bitter proxy battle with the HR-software provider, calling for sweeping changes including the replacement of CEO Carlos Rodriguez...

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    1. This process has sharpened our focus on the importance of insightful, strategic engagement with our investors, which, over the past few months, has given us a greater appreciation of our owners' perspectives on our business and growth plans.
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