Tejon Ranch criticizes investor group

Tejon Ranch criticizes investor group

Tejon Ranch Co. has turned up the heat on a New Jersey-based investment group ahead of a May 13 shareholder meeting the Lebec-based agribusiness and real estate development company sees as critical to its future.

Tejon Ranch urges investors to back its nominees for director

Tejon Ranch is pushing back against an east coast investment group seeking to unseat three board members.  Tejon Ranch is asking shareholders to vote for the company’s nominees only and to not support the nominees from Bulldog Investors.  The backstory: Bulldog Investors is an investment group based in New Jersey that seeks to identify undervalued investments and then use its team’s abilities to deliver greater returns to its clients.  Bulldog …