Genco board to review Diana Shipping's revised $24.80 per share tender offer
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Genco Shipping & Trading Board of Directors to Review Revised, Unsolicited Tender Offer from Diana Shipping
May 27, 2026 11:12 AM EDTNEW YORK, May 27, 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 announced a revised tender offer to acquire all outstanding common shares of Genco not already owned by Diana at a price of $24.80 per share in cash.
Gencos Board of Directors, in consultation with its financial and legal advisors, will carefully review and evaluate the revised tender... More
