(Reuters) - "The Board welcomes involvement by shareholders and is prepared to review any proposals that might result in a superior proposal per the merger agreement," Minneapolis-based Ceridian said.
Ceridian responded one day after New York-based hedge fund Pershing Square Capital Management, which owns 14.9 percent of the company, said it opposes the plan to sell Ceridian for $36 a share.
Read more at Reuters.com Bonds News
Ceridian responded one day after New York-based hedge fund Pershing Square Capital Management, which owns 14.9 percent of the company, said it opposes the plan to sell Ceridian for $36 a share.
Read more at Reuters.com Bonds News
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