Genco Shipping & Trading Criticizes Diana Shipping's Extended $24.80 Tender Offer as Inadequate

Genco Shipping & Trading Limited (NYSE:GNK) criticized the extension of an unsolicited tender offer by Diana Shipping Inc. at $24.80 per share, calling it inadequate and below Genco’s net asset value. The move comes after shareholders recently supported Genco's board in a vote.

By Genco Shipping & Trading Limited · GlobeNewsWire · June 29, 2026, 13:55 UTC

Tickers: $DSX $DSX PRB $GNK

Topics: corporate governance takeover tender offer

Read the full article at GlobeNewsWire

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