{"id":44758,"date":"2014-10-28T08:01:36","date_gmt":"2014-10-28T12:01:36","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=44758"},"modified":"2014-10-28T08:02:08","modified_gmt":"2014-10-28T12:02:08","slug":"activist-hedge-fund-takes-stake-in-former-a-d-p-unit","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2014\/activist-hedge-fund-takes-stake-in-former-a-d-p-unit.html","title":{"rendered":"Activist Hedge Fund Takes Stake in Former A.D.P. Unit"},"content":{"rendered":"<p>NYT &#8211; CDK Global has been a publicly traded company for roughly a month. But the company, a former unit of Automatic Data Processing, has already drawn the attention of an activist hedge fund.<\/p>\n<p>Sachem Head Capital Management, a $2 billion investor, disclosed on Monday that it had acquired an economic interest in CDK Global equivalent to a 9.8 percent stake.<\/p>\n<p><a href=\"http:\/\/dealbook.nytimes.com\/2014\/10\/27\/activist-hedge-fund-takes-stake-in-former-a-d-p-unit\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NYT &#8211; CDK Global has been a publicly traded company for roughly a month. But the company, a former unit of Automatic Data Processing, has already drawn the attention of an activist hedge fund. Sachem Head Capital Management, a $2 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-44758","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/44758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=44758"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/44758\/revisions"}],"predecessor-version":[{"id":44760,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/44758\/revisions\/44760"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=44758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=44758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=44758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}