Brief: Diana Shipping Raises Offer To Buy Genco Shipping To $24.80 Per Share
27/05/2026 14:24
BRIEF-Diana Shipping Raises Offer To Buy Genco Shipping To $24.80 Per Share May 27 (Reuters) - Diana Shipping Inc DSX.N:
INCREASES OFFER TO BUY GENCO TO $24.8 PER SHARE IN CASH
EXTENDS TENDER OFFER FOR GENCO SHARES TO JUNE 26, 2026
INCREASED OFFER FULLY FINANCED WITH $1.43 BILLION IN COMMITTED FINANCING
SECOND-STEP MERGER TO PAY REMAINING GENCO SHAREHOLDERS $24.8 PER SHARE IF OFFER COMPLETED
Source text: ID:nGNX5lBM8K
Further company coverage: DSX.N
((Reutersbriefs@thomsonreuters.com;))
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