Industry
Diana Shipping Cuts Its Genco Holding Below 10% After Selling 275,000 More Shares
Diana Shipping has sold another 275,000 Genco shares for about $7.26m, taking its holding to roughly 9.5% and ending its status as a 10% beneficial owner.
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Industry
Diana Shipping threatens to cut Genco takeover price
The Athens-based owner cites a $50 million drop in its US rival's fleet value since early June to justify a potentially lower offer.
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Industry
Diana Shipping lets Genco tender expire but keeps takeover bid alive
Diana Shipping has let its hostile tender offer for Genco Shipping expire, but its $27.34-per-share takeover proposal for the US dry bulk owner remains on the table.
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