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TRC Tejon Ranch Co News Story

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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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