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Heidmar Move Signals Value of Pools

In a brilliant transaction for all parties, Heidmar Inc. announced Wednesday that Shipping Pool Investors Inc, (SPII), a company affiliated with the Cardiff Group whose founder is Mr. George Economou (DRYS), has entered into a definitive agreement to pur chase a 49% stake in the company. In a related transaction, senior members of Heidmar’s management will purchase a 2% equity stake in the company. Morgan Stanley, through its subsidiary Morgan Stanley Capital Group Inc. will retain a 49% ownership stake in the company.

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Written by: | Categories: Freshly Minted, The Week in Review | April 17th, 2008 | Add a Comment
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