A Numbers Perspective – DryShips’ Partial Spin-off

This week DryShips Inc. announced the details of the previously disclosed partial spin-off of the shares of Ocean Rig UDW Inc., which we previously reported on. The company intends to distribute 2,967,359 shares or 0.007266 shares of Ocean Rig for each share of DryShips. While small, it is a beginning. However, what intrigued us most was some numbers in the report.

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