Diana Shipping Inc. has launched a $4.2 billion tender offer to acquire all outstanding shares of Genco Shipping & Trading, setting the stage for a high-stakes takeover battle in the dry bulk sector. The offer values Genco at $23.50 per share in cash and is scheduled to expire on 2 June 2026, unless extended. Diana […] The post Diana Shipping launches $4.2bn bid for Genco as board rejects offer as undervalued appeared first on Container News .