Feb 12 (Reuters) - Ocean Rig UDW Inc:
* Announces upsizing and pricing of public offering of its shares by DryShips
* Says upsized previously announced public offering of Ocean Rig common shares
by DryShips Inc to 7.5 million common shares
* Gross proceeds from offering of approximately $126.4 million
* Following the completion of offering, DryShips expected to own about 59.4% of
ocean rig's outstanding shares
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