Genco rejects Diana's $23.50 tender offer, cites inadequate valuation
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Genco Shipping & Trading Limited Responds to Diana’s Latest Misleading Claims and Gamesmanship
May 18, 2026 12:05 PM EDTDiana Shows its Hand Through Recent Stock Sales Underscoring Its Lack of Commitment to Creating Value for Genco Shareholders
Dianas Low-Ball Offer Continues to Undervalue Gencos Assets and Business and Fails to Provide a Control Premium
Diana May Attempt to Empty Vote Shares they No Longer Own
NEW YORK, May 18, 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 issued the following... More
