Whether they like it or not, shareholders of George Economou’s New York-listed DryShips are now 49% owners of privately held pooling operation Heidmar Inc.
An immediate question arises in the wake of last week’s announcement: are they getting their piece of Heidmar at a fair price?
As with many of the private-public dealings between Economou and DryShips, it is difficult to tell, with the figures involved unclear at best.