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Starboard Value Takes Stake in Knife River, Pushes for Higher Margins or a Sale

Activist investor Starboard is pushing Knife River to close its profit gap with peers or consider a sale of the $3 billion materials company.

Starboard Value Takes Stake in Knife River, Pushes for Higher Margins or a Sale
"Jeff Smith, chief executive officer of Starboard Value." Credit: David Paul Morris/Bloomberg
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