The proxy fight over California's biggest parcel of private land
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The proxy fight over California's biggest parcel of private land
"Tejon Ranch has long been at the center of both development and preservation issues, currently facing a proxy fight with Bulldog Investors."
"Tejon Ranch encompasses 270,000 acres of distinct ecosystems, acting as a critical habitat for diverse wildlife, including endangered species."
Tejon Ranch, a vast 270,000-acre parcel in California, is caught in a conflict between conservation and development, now inflamed by a proxy battle initiated by Bulldog Investors against the company's board. This land is not just significant due to its size; it is rich in biodiversity, providing habitat for numerous species, including endangered ones. The ongoing struggles reflect broader challenges in balancing ecological preservation with investment interests, making Tejon Ranch a focal point of significant environmental and economic considerations in California.
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