Brief: Starboard Delivers Letter To Knife River
BRIEF-Starboard Delivers Letter To Knife River Sept 24 (Reuters) - Knife River Corp KNF.N:
STARBOARD DELIVERS LETTER TO KNIFE RIVER
STARBOARD: KNIFE RIVER SHOULD EVALUATE STRATEGIC ALTERNATIVES GIVEN SCARCITY AND STRATEGIC VALUE OF ITS ASSETS
STARBOARD: BELIEVE KNIFE RIVER BOARD MUST REQUIRE MANAGEMENT TO DEVELOP & EXECUTE PLAN TO ACHIEVE AT LEAST 22% ADJUSTED EBITDA MARGIN BY FY2029
STARBOARD: IS A SIGNIFICANT SHAREHOLDER OF KNIFE RIVER CORPORATION
Source text: ID:nBw9cTXcda
Further company coverage: KNF.N
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Knife River
See all newsKnife River Q3 revenue misses estimates on contracting services headwins
Starboard's Smith unveils stake in Solstice, presses for improvements (updated)
Starboard's Smith unveils stake in Solstice, presses for improvements
Activist Starboard prepares to nominate directors at Knife River, sources say
US RESEARCH ROUNDUP-3M, C4 Therapeutics, PepsiCo