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Manila Times Business

Genco Shipping & Trading Board of Directors to Review Revised, Unsolicited Tender Offer from Diana Shipping

Shareholders Do Not Need to Take Action at This Time NEW 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. Genco’s Board of Direc

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Source: manilatimes.net

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