Diana Shipping Inc To Purchase All Outstanding Shares Of Genco Common Stock At $23.50 Per Share In Cash

ReutersMay 4, 2026 11:41 AM

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May 4 (Reuters) - Diana Shipping Inc DSX.N:

DIANA SHIPPING INC: TO PURCHASE ALL OUTSTANDING SHARES OF GENCO COMMON STOCK AT $23.50 PER SHARE IN CASH
DIANA SHIPPING INC: DIANA URGES GENCO SHAREHOLDERS TO TENDER THEIR SHARES
DIANA SHIPPING: AGREEMENT WITH STAR BULK CARRIERS TO SELL 16 OF GENCO'S VESSELS FOR $470.5 MILLION IN CASH UPON COMPLETION OF DEAL
DIANA SHIPPING INC: OBTAINED $1.433 BILLION IN FULLY COMMITTED FINANCING ARRANGED BY DNB CARNEGIE AND NORDEA
DIANA SHIPPING INC: IF OFFER IS SUCCESSFULLY COMPLETED, DIANA INTENDS TO CONSUMMATE A SECOND-STEP MERGER
DIANA SHIPPING INC: OFFER SCHEDULED TO EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON JUNE 2, UNLESS EXTENDED

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