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Is Transocean Partners The Yield-Producing IPO To Buy?
Thursday, July 24, 2014 - 4:26pm | 527Transocean Ltd (NYSE: RIG) is spinning off three of its rigs to Transocean Partners LLC. Transocean Partners will receive 51 percent stakes in three vessels, Discover Inspiration, Discover Clear Leader, and the semi-submersible Development Driller III. Transocean will maintain the...