(Reuters) - Ceridian said it would consider any superior economic proposal that Pershing Square may wish to make, but that the hedge fund had failed to date to present any such offer.
Pershing Square said on Tuesday it planned to replace all seven Ceridian board members at the annual meeting scheduled for September 12. It was an unusual step as activist hedge fund investors typically try to win one or two board seats to gain influence.
Read more at Reuters.com Mergers News
Pershing Square said on Tuesday it planned to replace all seven Ceridian board members at the annual meeting scheduled for September 12. It was an unusual step as activist hedge fund investors typically try to win one or two board seats to gain influence.
Read more at Reuters.com Mergers News
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