He really thought he was gonna win this time.
Just kidding. But he does want fewer proxies for people to not vote on.
How badly did the Ack-Man need this inevitable piece of news?
The activist investor’s credibility could be at stake after losing a bid for three seats on the payroll processor’s board — which compounds bad news for his holdings in the last few years.
Billionaire hedge-fund manager Bill Ackman lost his bid to get three of his own candidates on the board of ADP, the human-resources company. The vote came after a three-month testy back-and-forth between the activist investor and ADP. Ackman...Show More Summary
The best thing that can happen to an investment nowadays is for Bill Ackman to be wrong about it.
Hedge fund manager Bill Ackman's hostile attempt to secure a foothold with human resources software firm ADP has failed.
On Tuesday, shareholders will decide whether or not hedge fund billionaire Bill Ackman gains three seats on the board of ADP. Ackman is trying to shake up a company that's already doing well for investors though. If he loses this contest,...Show More Summary
Though if it's any consolation, at least ADP won't make him violently ill.
Bill Ackman's Pershing Square has seen assets drop $1.6 billion in five months. The firm managed about $11 billion at the end of May and about $9.4 billion at the end of October. The firm's Pershing Square Holdings vehicle is down 3.3%...Show More Summary
Mr. Ackman is seeking to shake up the payroll processing firm in a fight that will challenge the shifting power of activists in an era of record corporate profits.
The Ack-Man should give in and embrace the darkness that lurks inside his heart.
Pershing Square hit by feared “liar liar pants on fire” SEC filing.
Pershing Square's Bill Ackman, who has been engaged in a 5-year long feud with Herbalife, betting its stock price would tumble to zero, came one step closer to admitting defeat on Wednesday when he told CNBC that his hedge fund recently restructured its position in the nutrition and supplements maker. Show More Summary
The Ack-Man is looking to make his death by Chipotle more literal.
Elon Musk can't predict the future too well; neither can Morningstar; Bill Ackman will gorge himself on Chipotle till the stock reacts; German parents attempt to name kid "Lucifer;" and more.
Just leave him alone, ok?
Is The Ack Man outside his own mind?
Billionaire hedge fund manager Bill Ackman has been locked in a proxy battle with activist target ADP for months. ADP CEO Carlos Rodriguez hasn't hesitate to call out Ackman publicly about his attempts to use the media to sway the activist...Show More Summary