Oil States International Inc (OIS.N)
9 Dec 2013
|Market Cap (Mil.):||$5,567.20|
|Shares Outstanding (Mil.):||55.15|
* Sells the business to Marubeni-Itochu Tubulars America Inc
- Oil States International Inc said it sold its tubular services business to a private company for $600 million, a day after activist investor Jana Partners LLC disclosed a higher stake in the oilfield services provider.
NEW YORK - When hedge fund TPG-Axon launched its activist campaign at U.S. oil and gas company SandRidge Energy Inc last year, the activist investor laid out hopes that the company could explore a sale.
July 30 - Oilfield services provider Oil States International Inc said its board had approved a plan to spin off the company's accommodations business into a standalone, publicly traded company.
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Earnings vs. Estimates
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