Ackman's Pershing Square says ADP needs to streamline, modernize
August 17, 2017 at 14:52 PM EDT
BOSTON/NEW YORK (Reuters) - Billionaire activist investor William Ackman on Thursday said Automatic Data Processing Inc's stock price could double in the next five years if the human resources outsourcing company cuts costs, streamlines its business and invests in technology upgrades.
