Oil States International [Part 1]: All Systems Go For SpinoffRupert Hargreaves
Oil States International, Inc. (NYSE:OIS) is planning to spin off its accommodation business into a standalone company later this year, a special situation that warrants extra attention due to the highly defensive nature of the accommodation business. Oil States' accommodation business provides an essential service to the oil industry, feeding, housing and providing sanitation facilities for employees in remote regions, a service without which, the industry would find it hard to operate.
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