Genco Shipping & Trading Board of Directors to Review Revised, Unsolicited Tender Offer from Diana Shipping
Diana Shipping (DSX) has announced a revised unsolicited tender offer to acquire all outstanding shares of Genco Shipping (GNK) at $24.80 per share in cash. This represents a significant increase from previous rejected bids of $20.60 and $23.50 per share, signaling Diana's intensified effort to complete the acquisition.
Key figures
- Deal Value Usd
- 0
- Offering Price
- 24.8
- Prior bid 1
- 20.6
- Prior bid 2
- 23.5
- Fleet vessels
- 43
- Fleet capacity dwt
- 4935000
- Fleet avg age years
- 12.6
AI analysis
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