Exterran Holdings (EXH) announced that it has nominated five new directors for its board in anticipation of its planned spinoff, which is expected to occur in H2’15. The company also filed the spinoff with the SEC on 3/13.
“With the filing of SpinCo’s initial Form 10 Registration Statement with the U.S. Securities and Exchange Commission late last week, as well as these nominations and progress on our internal work to separate our businesses, we remain on track with the transaction and expect to complete it in the second half of 2015.” -Mr. Childers, President and CEO Source
