Deals
Texas Land Bank Fight Turns Ugly as Dissident Nominee Sued
- Eric Oliver says dissident investor group has the votes to win
- Group seeks changes to corporate structure, more disclosure
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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 battle.
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.