(Reuters) Proxy advisory firm ISS on Wednesday recommended that shareholders largely vote for directors recommended by the board of Automatic Data Processing Inc, but also supported the election of hedge fund manager William Ackman.While ISS said Ackman failed to make the case to replace three directors, it was complimentary about the skills the billionaire investor would bring to the boardroom and suggested electing him by withholding votes for ADP incumbent director Eric Fast.
Proxy Firm ISS Supports ADP Management but Recommends Ackman to Board
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