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Automatic Data Processing Inc (ADP.O)

ADP.O on Nasdaq

108.82USD
25 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Automatic Data Processing says rejects Ackman's request to switch from customary voting procedures to "universal voting card process‍​"
Friday, 22 Sep 2017 05:08pm EDT 

Sept 22 (Reuters) - Automatic Data Processing Inc :Automatic Data Processing - On September 22, sent letter to William Ackman - SEC Filing.Automatic Data Processing - Rejects Ackman's request to switch from customary voting procedures to "universal voting card process‍​".  Full Article

Pershing Square responds to ADP Presentation
Wednesday, 13 Sep 2017 08:53am EDT 

Sept 13 (Reuters) - Pershing Square Holdings Ltd :Pershing Square responds to ADP Presentation.Pershing Square says ‍urges ADP shareholders not to vote white proxy card or voting instruction forms received from adp​.  Full Article

Pershing Square's Ackman owns 2 pct of ADP common shares - CNBC
Monday, 11 Sep 2017 11:07am EDT 

Sept 11 (Reuters) - :Ackman owns 2 percent of ADP common shares - CNBC, citing sources.  Full Article

Adp comments on letter from Pershing Square and previous meeting with ADP board
Thursday, 7 Sep 2017 05:53pm EDT 

Sept 8 (Reuters) - Automatic Data Processing Inc :ADP comments on letter from Pershing Square and previous meeting with ADP board.Automatic Data Processing Inc - Co will not add Pershing's nominees to board​.  Full Article

Pershing Square files Definitive Proxy Materials for ADP 2017 annual meeting
Tuesday, 5 Sep 2017 08:05am EDT 

Sept 5 (Reuters) - Pershing Square Holdings Ltd :Pershing Square files Definitive Proxy Materials for ADP 2017 annual meeting.Pershing Square - ‍urges ADP stockholders to vote GOLD Proxy Card.  Full Article

Automatic Data Processing ‍plans to file its preliminary proxy statement with SEC this week​
Monday, 21 Aug 2017 06:00am EDT 

Aug 21 (Reuters) - Automatic Data Processing Inc :ADP board rejects Pershing Square nominees for 2017 annual meeting.Automatic Data Processing Inc - ‍Plans to file its preliminary proxy statement with Securities and Exchange Commission this week​.Automatic Data Processing Inc - ‍ADP's board plans to nominate its 10 existing directors for re-election at 2017 annual meeting​.  Full Article

Automatic Data Processing comments on Pershing Square investor presentation
Thursday, 17 Aug 2017 02:14pm EDT 

Aug 17 (Reuters) - Automatic Data Processing Inc ::ADP comments on Pershing Square investor presentation.‍"Strongly disagree with many of assertions made by Mr. Ackman" in Aug. 17 presentation​.  Full Article

ADP comments on Pershing Square Capital Management's nomination of directors
Monday, 7 Aug 2017 05:03pm EDT 

Aug 7 (Reuters) - Automatic Data Processing Inc :Automatic Data Processing says nominating corporate governance committee of board will evaluate Ackman's nominees​.Says board "‍reiterates invitation it made to Mr. Ackman last week to present his ideas to full board​".  Full Article

Pershing Square announces nominees for election to ADP board
Monday, 7 Aug 2017 04:05pm EDT 

Aug 7 (Reuters) - Pershing Square Holdings Ltd :Pershing Square announces nominees for election to the board of directors of ADP.Pershing Square announces nominees for election to the board of directors of ADP.Says ‍proposed three directors for election to board of ADP​.Says ‍also announced that it will hold a public webcast for investors on Thursday, August 17, 2017.Pershing Square - ‍nominees, who will be proposed at ADP's forthcoming annual meeting of shareholders, are: Bill Ackman, Veronica Hagen, V. Paul Unruh​.Pershing Square - Hagen And Unruh are independent and do not have any prior business or personal relationships with Pershing Square​.  Full Article

Bill Ackman bought even more Automatic Data Processing stock on Friday- CNBC
Friday, 4 Aug 2017 12:31pm EDT 

Aug 4 (Reuters) - :Bill Ackman bought even more Automatic Data Processing stock on Friday- CNBC.  Full Article

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Ackman targets retail investors in ADP proxy contest

BOSTON Billionaire hedge fund manager William Ackman, whose firm has a 2 percent voting stake in Automatic Data Processing Inc , is turning up the heat in his proxy war for the human resources outsourcing company by targeting an often-ignored but influential group of people - retail investors.