MDU Resources Group (MDU) to Spin Off Construction Services Business
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MDU Resources Plans to Spin Off Construction Services Business
November 2, 2023 8:30 AM EDTBISMARCK, N.D., Nov. 2, 2023 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced that its board of directors has approved a plan to spin off the company's wholly owned construction services business, MDU Construction Services Group, Inc., to the shareholders of MDU Resources, resulting in two independent, publicly traded companies. The spinoff is expected to be effected as a tax-free... More
