Ackman Exits Positions in United Techologies and ADP
William “Bill” Ackman speaks during an event in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

Ackman Exits Positions in United Techologies and ADP

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(Bloomberg) -- Bill Ackman’s Pershing Square Capital Management has liquidated its positions in United Technologies Corp. and Automatic Data Processing Inc. as the firm builds up its cash reserves ...
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