Oil States International (OIS +2.2%) bows to pressure from top shareholder Jana Partners and...

|About: Oil States International Inc. (OIS)|By:, SA News Editor

Oil States International (OIS +2.2%) bows to pressure from top shareholder Jana Partners and says it will consider spinning off its accommodations business, possibly via a REIT. The unit, which provides housing for energy industry workers in remote locations in Canada, the U.S. and Australia, accounted for ~25% of OIS' 2012 revenue of $4.41B.