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Knife river multislots12/13/2023 ![]() ![]() With the planned separation, MDU Resources' stockholders will retain their current shares of MDU Resources stock and receive a pro rata distribution of 80.1% or more of outstanding shares of KNF stock. The separation is expected to occur through the spinoff of a newly formed company, Knife River Holding Company, which will be the new parent company for Knife River. MDU Resources is on track to complete the spinoff of Knife River into an independent, publicly traded company in the second quarter of 2023. (NYSE: MDU) announced the filing of a Form 10 registration statement with the Securities and Exchange Commission that identifies "KNF" as the stock ticker under which Knife River Corporation, the company's construction materials subsidiary, expects to be listed on the New York Stock Exchange. BISMARCK, N.D., Ma/PRNewswire/ - MDU Resources Group, Inc. ![]()
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