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Texas Land Bank Proxy Fight Turns Ugly as Dissident Nominee Sued

BNN Bloomberg

(Bloomberg) -- Texas Pacific Land Trust postponed a special shareholders meeting and sued the activist investor vying for a trustee job, the latest twist in an increasingly acrimonious proxy fight. The meeting, previously scheduled for June 6, has been called off until further notice to give investors "the opportunity to cast a fully informed vote,’’ Trustee David E. Barry said Tuesday in a statement...

Mentions: Investors Proxy Fight bankruptcy