BRIEF-Diana Shipping Raises Offer To Buy Genco Shipping To $24.80 Per Share

Genco Shipping & Trading
Diana Shipping

Genco Shipping & Trading

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Diana Shipping

DSX

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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


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