In this April 27, 2016 file photo, William Ackman testifies on Capitol Hill in Washington. (AP Photo/Manuel Balce Ceneta, File)

(Bloomberg) – Automatic Data Processing Inc. rejected activist investor Bill Ackman’s nominees for the board of directors, saying his candidates are no improvement on the current board members.

ADP will instead nominate its 10 existing directors for re-election at the annual meeting, the Roseland, New Jersey-based company said in a statement Monday. In spurning Ackman’s candidates, the board voted unanimously to follow the recommendation of its nominating and corporate governance committee, according to the statement.

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