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Tejon Ranch Co. announces successful completion of $90 million rights offering

TEJON RANCH, California, October 30, 2017 – Tejon Ranch Co. (NYSE: TRC) announced today that, based on the preliminary results of its just concluded rights offering, it anticipates raising $90 million, the maximum gross proceeds possible.  The rights offering concluded on October 27, 2017 and was extremely well received and oversubscribed with demand for shares…

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