Knife River Corp
For the period ended Sep 30, 2024. Filed Nov 4, 2024.
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Sep 30, 2024 · Filed Nov 4, 2024
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17. Subsequent event
Note 17 -Subsequent event
On November 2, 2024, the Company acquired the business of Albina Asphalt, a liquid asphalt provider with operations in Washington, Oregon and California, and will be included in the Company's Energy Services segment. To date, the initial accounting for the acquisition is incomplete. Due to the limited time since the date of the acquisition, it is impracticable for the Company to make business combination disclosures related to the acquisition. The Company is still gathering the necessary information to provide such disclosures in future filings.
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