DRYSHIPS INC. overview

ATHENS, Greece, Oct. 11, 2019 (GLOBE NEWSWIRE) -- DryShips Inc. (the “Company”) (NASDAQ: DRYS), a diversified owner and operator of ocean going cargo vessels, today announced the completion of its acquisition by SPII Holdings Inc. (“SPII”), a company that may be deemed to be beneficially owned by the Company’s Chairman and Chief Executive Officer, Mr. George Economou, pursuant to the merger (the “Merger”) of Sileo Acquisitions Inc., a wholly owned subsidiary of SPII (“Merger...

ATHENS, Greece, Oct. 09, 2019 (GLOBE NEWSWIRE) -- DryShips Inc. (the “Company”) (NASDAQ: DRYS), a diversified owner and operator of ocean going cargo vessels, today announced that, at a special meeting held today, its shareholders voted in favor of the proposal to authorize and approve the previously announced Agreement and Plan of Merger, entered into on August 18, 2019 (the “Merger Agreement”), by and among the Company, SPII Holdings Inc. (“SPII”), a company that may be deemed to...

ATHENS, Greece, Sept. 16, 2019 (GLOBE NEWSWIRE) -- DryShips Inc. (NASDAQ:DRYS) (the “Company” or “DryShips”), a diversified owner and operator of ocean going cargo vessels, and through the acquisition of Heidmar Inc. (“Heidmar”), a global tanker pool operator, announced today that it will release its results for the second quarter 2019 after the market closes in New York on Tuesday September 17, 2019. About DryShips Inc. The Company is a diversified owner and operator of ocean-going...

ATHENS, Greece, Sept. 09, 2019 (GLOBE NEWSWIRE) -- DryShips Inc. (the “Company”) (NASDAQ: DRYS), a diversified owner and operator of ocean going cargo vessels, today announced that it has called a special meeting of the Company’s shareholders (the “Special Meeting”) to be held on October 9, 2019, at 4 p.m. local time, at 80 Kifissias Avenue, GR 151 25, Marousi, Athens, Greece. At the Special Meeting, shareholders will be asked to consider and vote on a proposal to authorize and approve...

ATHENS, Greece, Aug. 19, 2019 (GLOBE NEWSWIRE) -- DryShips Inc. (the “Company”) (NASDAQ: DRYS) today announced that it had entered into an Agreement and Plan of Merger (the “Merger Agreement”) with SPII Holdings Inc. (“SPII”), a company controlled by the Company’s Chairman and Chief Executive Officer, George Economou, under which SPII will acquire the outstanding shares of the Company that it does not already own for $5.25 per share in cash, without interest. The $5.25 per share...

ATHENS, Greece, July 22, 2019 (GLOBE NEWSWIRE) -- DryShips Inc. (NASDAQ: DRYS) (the “Company” or “DryShips”), a diversified owner and operator of ocean-going cargo vessels, is pleased to announce the results of its annual meeting of shareholders, which took place on July 22, 2019. The Company’s shareholders re-elected Messrs. George Demathas and Anthony Kandylidis as Class C Directors of the Company to serve until the Company’s 2022 annual meeting of shareholders and until such...

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ATHENS, Greece, July 08, 2019 (GLOBE NEWSWIRE) -- DryShips Inc. (the “Company”) (NASDAQ:DRYS) today announced that the special committee (the “Special Committee”) of its board of directors, formed to consider the previously announced non-binding acquisition proposal (the “Proposal”) made by an entity controlled by the Company’s Chairman and Chief Executive Officer, Mr. George Economou, has retained Evercore as its financial advisor and Fried, Frank, Harris, Shriver & Jacobson LLP...