BRIEF-Knife River Enters Definitive Agreement To Acquire Strata Corporation-March 2024-www.financetom.com

BRIEF-Knife River Enters Definitive Agreement To Acquire Strata Corporation

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BRIEF-Knife River Enters Definitive Agreement To Acquire Strata Corporation

Dec 20, 2024 6:38 AM

Dec 20 (Reuters) - Knife River Corp ( KNF ):

* KNIFE RIVER ENTERS DEFINITIVE AGREEMENT TO ACQUIRE STRATA

CORPORATION

* DEAL VALUED AT $454 MILLION BASED ON STRATA'S PROJECTED

2025

ADJUSTED. EBITDA

* TO USE CASH AND LONG-TERM DEBT TO FINANCE ACQUISITION

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