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Genco–Diana Shipping takeover clash: $23.50 offer rejected, financing disputed

people_culture UTC: 2026-03-21 08:30:09

Genco Shipping & Trading and Diana Shipping intensified their public dispute following Genco’s rejection of Diana’s revised, non-binding $23.50 per-share cash proposal. On March 19, 2026, Genco’s Board unanimously rejected Diana’s offer after review by a special committee of i...

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