DRYSHIPS INC. ANNOUNCES TERMINATION OF THE COMMON STOCK PURCHASE AGREEMENT WITH KALANI INVESTMENTS LIMITED August 11, 2017, Athens, Greece. DryShips Inc. (NASDAQ:DRYS) ("DryShips" or the "Company"), a diversified owner of ocean going cargo vessels, announcesthat in connectionwith the transactionsannounced earlier today (the "Proposed Transactions"), (i) it has terminated the common stock purchase agreement, dated April 3, 2017, by and between the Company and Kalani Investments Limited, a company organized and existing under the laws of the British Virgin Islands, effective immediately; (ii) Mr. George Economou, the Company`s Chairman and Chief Executive Officer,...
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