KRC Holdings, Inc. /
Strata Corporation and Glacier Resources, Ltd.
KRC Holdings to Purchase Strata Corporation and Glacier Resources, Ltd.
What happened
KRC Holdings, Inc., an indirect subsidiary of Knife River Corporation, entered into an agreement to acquire Strata Corporation and Glacier Resources, Ltd., along with certain assets of Landmark Investments, L.L.C.
The agreement provides for $454.0 million in cash, subject to customary purchase price adjustments and closing conditions.
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KRC Holdings to Purchase Strata Corporation and Glacier Resources, Ltd.
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