Knife River says it will engage with Starboard after learning of stake
KNF•Knife River said it plans to engage with Starboard Value after learning of the investor’s stake on Sept. 22, 2026.
1. Company responds to Starboard
Knife River issued a statement responding to a letter from activist investor Starboard Value and said it plans to engage with the investor. The company reiterated its focus on margin expansion, disciplined capital allocation, operational execution and profitable growth, with its strategy unchanged since its 2023 spin.
