Harvey Capital Urges Tejon Ranch Co. Shareholders to Vote with Bulldog Investors, Citing Decades of Stagnant Share Price

Core Viewpoint - Harvey Capital is urging shareholders of Tejon Ranch Co. to vote for Bulldog Investors' nominees at the upcoming Annual Meeting, citing the current board's ineffectiveness in increasing share price over several decades [1][2]. Group 1: Shareholder Advocacy - Harvey Capital holds 5,531 shares of Tejon Ranch Co. and emphasizes the need for a change in leadership and strategic direction to enhance shareholder value [1]. - The firm believes that electing Bulldog Investors' nominees will bring fresh perspectives and expertise to the board, which is essential for revitalizing the company's performance [2]. Group 2: Performance Concerns - The current status quo has failed to deliver satisfactory returns for investors, making the support for Bulldog Investors a crucial opportunity for improvement [2]. - Harvey Capital asserts that shareholders have waited too long for meaningful share price appreciation, and a change in the board is necessary to enhance performance and returns [3].