Brief: Tejon Ranch Company announces terms for rights offering to stockholders
Sept 18 (Reuters) - Tejon Ranch Co TRC.N :
* Says each subscription right to entitle holder to buy 0.2
shares of common stock using purchase price of $18.00/whole
share
* Announces terms for rights offering to stockholders
* Says assuming rights offering is fully subscribed, Tejon
currently expects gross proceeds of offering to be approximately
$75 million
Source text for Eikon: ID:nBw3DkZTfa
Further company coverage: TRC.N
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