DryShips to Offer 5M Ocean Rig Shares, to Own 61.3% of Ocean Rig Outstanding Shares

By: Benzinga
DryShips Inc. (NASDAQ: DRYS ), or the Company, an international provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., or Ocean Rig, of offshore deepwater drilling services, today announced it is offering 5,000,000 common shares of Ocean Rig that it owns in
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