Genco Shipping rejects Diana Shipping's $23.50 acquisition bid
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Genco Shipping & Trading Sends Letter to Shareholders
March 30, 2026 8:30 AM EDTComprehensive Value Strategy Delivering Strong Results and Returns for Shareholders
Diana Shippings Proposal Substantially Undervalues Genco and Fails to Provide Appropriate Premium to Shareholders for Control of the Company
Replacing the Board with Diana Shippings Nominees Puts Shareholders Investment and Value at Risk
Genco Shareholders Do Not Need to Take Any Action at This Time
NEW YORK, March 30, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) (Genco or the Company), the largest U.S.-headquartered... More

