Genco Shipping to review Diana's $23.50 per share tender offer
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Genco Shipping & Trading to Review Diana Shipping’s Unsolicited Tender Offer
May 4, 2026 1:12 PM EDTOffer Price Remains Unchanged from Prior Inadequate Proposal That the Genco Board of Directors Unanimously Rejected
Shareholders Do Not Need to Take Action at This Time
NEW YORK, May 04, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) (Genco or the Company), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today confirmed that Diana Shipping, Inc. (NYSE: DSX) has commenced a conditional, unsolicited tender offer to acquire all of the outstanding shares of Genco not already owned by Diana for... More
