Knife River says it will engage with Starboard after learning of stake
Bitget2026/09/24 17:00- Knife River issued a statement responding to a letter from activist investor Starboard Value.
- Engagement planned following disclosure it first learned of Starboard’s investment on Sept. 22, 2026.
- Board reiterated focus on margin expansion, disciplined capital allocation, operational execution, profitable growth.
- Strategy unchanged since 2023 spin, centered on EDGE initiatives to improve pricing, efficiency, operating performance.
- Vertically integrated model remains core to long-term value creation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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