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

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

    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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    1. We received a resounding vote of support from a large minority of shareholders and other big investors said they would support us next year if ADP doesn't meet its performance goals.
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