Diana Shipping comments on Genco's rejection of $24.80 cash offer
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Diana Shipping Inc. Comments on Genco Shipping & Trading's Rejection of $24.80 Per Share All-Cash Tender Offer
June 2, 2026 1:05 PM EDTResponse Definitively Confirms the Genco Board Rejects Engagement in Meaningful Negotiations Despite Diana's Repeated Good Faith Efforts
Following Third Rejection of Increasingly Compelling Offers, Diana Calls on Genco Shareholders to Replace Genco's Fully Entrenched Board by Electing Six Independent Directors Who Will Consider ALL Opportunities to Maximize Value
Despite Genco's Continuing Refusal to Have Even One Conversation, Diana is Fully Committed to Its Offer and Remains Prepared to Meet with Genco at Any Time
Urges Genco Shareholders to Vote the... More
