Actionable Opportunities in Special Situations: Spinoffs, Bankruptcy, Restructurings

Spin-Off

Oil States International Will Spinoff its Accommodations Business

Oil States International (OIS) board of directors has approved a plan to spinoff its accomodations business into a new publically traded company named OIS Accommodations (symbol TBD). Spinoff date and ratio TBD. Tax free transation. OIS Accommodations provides remote site accommodations, logistics and facility management services to the global natural resource industry, with operations primarily focused in Canada, Australia and the United States. Source: Filing

 

 

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