Genco Shipping & Trading Limited Responds to Diana Shipping Extending its Inadequate $24.80 Unsolicited Tender Offer
Genco Shipping & Trading Limited, a US-based drybulk shipowner, responded critically to Diana Shipping's extended $24.80 per share unsolicited tender offer, labeling it inadequate and below the company's net asset value. Genco’s Board recommends shareholders reject the offer to preserve upside potential. The company highlights its comprehensive val…