Genco board rejects Diana Shipping's extended $24.80 tender offer
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Genco Shipping & Trading Limited Comments on Extension of $24.80 Per Share Tender Offer by Diana Shipping
July 13, 2026 10:26 AM EDTDiana Still Has Not Updated Its Tender Offer Materials to Align Terms with Indicative, Non-Binding Proposal
NEW YORK, July 13, 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 statement regarding the extension by Diana Shipping Inc. (Diana) of its inadequate tender offer to acquire all outstanding common shares of Genco not already owned by Diana for $24.80 per share in cash:
Diana has once again extended its... More
