|From: TheNextGoogle (Rep: 531)||Date: 09/26/2013 12:31|
|Forum: Oceanfreight - Msg #1199||Thread #673576707 (Rec: 0) |
|FWIW - OceanFreight (NASDAQ: OCNF) - Got bought by DRYS - "UPDATE: DryShips and OceanFreight Announce That DryShips Acquires Majority of OceanFreight Shares|
DryShips (NASDAQ: DRYS) and OceanFreight (NASDAQ: OCNF) announced today that DryShips has acquired 3,000,856 shares of OceanFreight. The shares were acquired from entities controlled by Mr. Anthony Kandylidis, the CEO of OceanFreight, under a purchase agreement entered into on July 26, 2011. These shares represent a majority of the outstanding shares of OceanFreight. The consideration paid by DryShips for each OceanFreight share consisted of $11.25 in cash and 0.52326 shares of common stock of Ocean Rig UDW Inc, par value of $0.01 per share, with cash paid in lieu of fractional shares. The total consideration paid for those shares was $33,759,671.08 in cash and 1,570,226 shares of Ocean Rig common stock.
The Ocean Rig shares so transferred were outstanding shares held by DryShips. As a result of this transaction, DryShips' percentage ownership of Ocean Rig was reduced from approximately 78% to approximately 77 %.
Had some excellent posts by other memebers a while ago -
♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘
End of Message - My Sig:
Made New Forum - "Computer Tech And "Fix-It Stuff" Forum"
Inventor Has Working Prototype of New Single Wheel Bicycle Trailer Invention - Prototype Works Great, NO Glitches, Nearly Market Ready - Sways with bike around turns - Fast - Ride minimally affected - Connects / Disconnects via single pin. Solves the problem of being easily able to carry things via bicycle. Seeking Investors / Business Partners to Bring To Market.
|NOTE: This message has been revised 1 time. Read original version of this message.|
TheLion.com | About Us | Agreement & Disclaimer | Privacy | Twitter
© 1999- TheLion.com, Inc.