Diana Shipping extends tender offer for remaining Genco shares to July 24 - DSX News | RalliesDiana Shipping extends tender offer for remaining Genco shares to July 24
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DSX• Tender offer extended for Genco shares
- Diana Shipping extended its tender offer for Genco Shipping shares it does not already own to July 24, 2026, 5:00 p.m. New York time.
- As of July 10, 11,081,926 shares were tendered, equal to 29.7% of the shares not owned by Diana.
- The latest proposal values Genco at $27.34 per share, comprising $24.8 cash plus one Diana share valued at $2.54.
- The offer is backed by $1.41 billion of committed bank financing with no financing condition.
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