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Starboard Presses Knife River to Boost Margins, Raises Sale Option

Starboard Value referenced near-term adjusted EBITDA margins of 22% and raised a sale among possible alternatives if certain targets cannot be met.

Crushed stone moves along a conveyor at a quarry / TokenPost.ai
Crushed stone moves along a conveyor at a quarry / TokenPost.ai

Starboard Value is pressing Knife River Corporation to boost margins and, if certain targets cannot be met, explore strategic alternatives, including a sale.

The investor’s message referred to near-term adjusted EBITDA margins of 22%.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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