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Ackman: I'll Be Back Next Year If ADP Doesn't Perform

Stock Market Today

Embattled billionaire activist Bill Ackman vowed to launch another director battle next year at Automatic Data Processing Inc. ( ADP ) if the payroll processor doesn't meet its commitments to shareholders. The insurgent investor made the comments to The Deal shortly after he lost a hard-fought boardroom battle seeking three seats on ADP's 10-person board in a months-long contest that came to a conclusion Tuesday, Nov. 7...

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