Exterran Holdings (EXH) announced that it plans to split the company into two entities

Exterran Holdings (EXH) announced that it plans to split the company into two standalone, independent publicly traded companies. Following the spin-off, Exterran Holdings will be a pure-play U.S. compression services business. Meanwhile, the spun-off company (SpinCo) will consist of international contract operations and aftermarket services businesses. The spinoff is expected to occur in H2 2015. Source: NASDAQ