Mdu resources board of directors approves separation of knife river; declares distribution of shares for knife river

Bismarck, n.d. , may 4, 2023 /prnewswire/ -- mdu resources group, inc.'s (nyse: mdu) board of directors has approved the previously announced separation of the company's wholly owned construction materials subsidiary, knife river corporation, through a pro rata distribution of the outstanding shares of common stock of knife river holding company, which is the newly formed parent company for knife river corporation.
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