Ocean Rig loans money to DryShips

DryShips Inc. (Nasdaq: DRYS) subsidiary Ocean Rig UDW Inc. (Nasdaq: ORIG) will provide DryShips with a $120 million short term loan. Shares of DryShips gained 23 cents to close at $1.92 while Ocean Rig stock rose 31 cents to close at $13.75.


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