1 min read
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.

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%.