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Stock impact report

Genco Shipping & Trading Limited Board of Directors Unanimously Rejects Diana Shipping's Revised, Unsolicited Tender Offer [Yahoo! Finance]

Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK) 
Last genco shipping & trading limited ordinary shares new (marshall islands) earnings: 2/25 04:30 pm Check Earnings Report
US:NYSE Investor Relations: gencoshipping.com
Company Research Source: Yahoo! Finance
Genco Has Strong Momentum and Is Well Positioned to Continue Delivering Superior Value and Returns to Shareholders Board Recommends Shareholders NOT Tender Their Shares Into Diana's Revised Offer Additional Information Available at www.GencoDrivesSuperiorReturns.com NEW YORK, June 02, 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 announced that its Board of Directors unanimously rejected the revised unsolicited tender offer (the “Offer”) from Diana Shipping Inc. (“Diana”) to acquire all outstanding common shares of Genco not already owned by Diana for $24.80 per share in cash. Notwithstanding this rejection of the Offer, Genco's Board reiterates its willingness to meet again with Diana if and when they submit an offer that adequately compensates shareholders for the full underlying value of Genco's assets (NAV) and prov Show less Read more
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