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Consolidated-Tomoka Issues Response to Director Nominations and Shareholder Proposal from Wintergreen Advisers

CONSOLIDATED-TOMOKA LAND (CTO)  More Company Research Source: Business Wire
NASDAQ:AMEX Investor Relations: ir.ctlc.com
PDF Initiates Dialogue with Wintergreen Fund’s Board of Directors Regarding Conduct of Wintergreen Advisers Demands Withdrawal of Nominations and Shareholder Proposal DAYTONA BEACH, Fla.--(BUSINESS WIRE)-- Consolidated-Tomoka Land Co. (NYSE American: CTO) (the “Company” or “CTO”) today responded to both a notice of intent to nominate three candidates for election to CTO’s board of directors (the “Board”), dated November 24, 2017, and a shareholder proposal dated November 13, 2017 (collectively, the “Wintergreen Materials”), received from Wintergreen Partners Fund, LP and Wintergreen Advisers, LLC, the advisor to the Wintergreen Fund, Inc. (NASDAQ: WGRNX and NASDAQ: WGRIX) (the “Fund” and collectively “Wintergreen”). The Chairman of the Company, Laura M. Franklin, delivered a letter dated December 1, 2017, to Mr. David Winters of Wintergreen and to Mr. Bradden Backer, Mr. Nathan Adler, Mr. Jos [Read more]

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