DryShips' investors have shown strong support for George Economou's plan to take the diversified owner off Wall Street, approving it by an overwhelming majority.
Almost all 77.8 million voted shares — 98.8% — represented by 90% of all stakeholders on Wednesday approved the previously announced plan of merger entered into 18 August 18.
SPII Holdings, privately owned by DryShips chief executive George Economou as well as subsidiary Sileo Acquisition, will buy remaining outstanding common shares at $5.25
