BRIEF-Genco Shipping & Trading Says Diana's "Inadequate" Offers Haven’t Affected Co's Share Price Trajectory

Genco Shipping & Trading Ltd
Diana Shipping Inc.

Genco Shipping & Trading Ltd

GNK

0.00

Diana Shipping Inc.

DSX

0.00

May 18 (Reuters) - Genco Shipping & Trading Ltd:

  • GENCO SHIPPING TRADING LTD: DIANA PUT OUT "BASELESS" STOCK PRICE TARGET IN ATTEMPT TO DRIVE DOWN PRICE OF GENCO SHARES

  • GENCO SHIPPING TRADING LTD: "DIANA IS SELLING SHARES TO MAKE SHORT-TERM PROFIT, DESPITE THEIR STATED INTEREST IN ACQUIRING ENTIRE CO AT FAIR PRICE"

  • GENCO SHIPPING TRADING LTD - BELIEVE CO'S SHARE PRICE TRAJECTORY HAS NOT BEEN AFFECTED BY DIANA'S "INADEQUATE" OFFERS PROPOSALS

Source text: [ID:]

Further company coverage: DSX.N


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