Contrarian Corpus
Pershing Square vs. Automatic Data Processing, Inc.

Automatic Data Processing, Inc. · ADP

1 deck published between 2017-08-17 and 2017-08-17 — 168 pages, 168 analysed slides total.

proxy fight

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2017-08-17 proxy fight

    2017 08 Pershing Square ADP Presentation Aug 2017

    168pp · full_deck

    ADP is a sleeping giant earning 19% Employer Services margins versus peers' 35-40% potential; electing Pershing's nominees catalyzes a transformation worth 100%+ in under four years.