Knife river corporation announces launch of secondary offering of common stock

Bismarck, n.d.--(business wire)--knife river corporation (nyse: knf) (the “company” or “knife river”) announced today the launch of a secondary public offering (the “offering”) of 5,142,383 shares of its common stock (the “knf shares”) currently owned by mdu resources group, inc., the company's former parent (“mdu resources”). knife river is not selling any shares of common stock and will not receive any proceeds from the sale of the knf shares in the offering or from the debt-for-equity exchan.
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