Tejon Ranch Proposes Shareholder Meeting Rights
Bakersfield News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Tejon Ranch Company unveils new proposal allowing shareholders owning at least twenty-five percent of shares to call special meetings. This concession aims to ease tensions and avoid a proxy battle, as investors like Fundamental Investors, GAMCO Investors, and Park West Asset Management push for more say in leadership and seek board seats for strategic growth in land development and farming.
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