William Ackman on Monday tried to change the narrative around his $4 billion bet on Automatic Data Processing Inc., questioning whether its chief executive accurately portrayed conversations with the activist investor to the company’s board and shareholders. At the heart of Mr. Ackman’s concern is a misfired email ADP Chief Executive Carlos Rodriguez meant to send to his own legal team but delivered to Mr. Ackman instead, according to a Monday filing with the Securities and Exchange Commission. In the email, Mr....

Source: Wall Street Journal August 14, 2017 13:18 UTC