---
title: "Diana Shipping Inc. Withdraws Offer to Acquire Genco Shipping & Trading Following Genco Board's Outrageous Demands"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295976292.md"
description: "After nine months of avoiding commitment, the Genco board is now requesting to be evaluated at around $36.91 per share. This represents a 57% increase compared to Genco's share price before Diana's last offer."
datetime: "2026-08-14T20:40:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295976292.md)
  - [en](https://longbridge.com/en/news/295976292.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295976292.md)
generator: "portal-rs"
---

# Diana Shipping Inc. Withdraws Offer to Acquire Genco Shipping & Trading Following Genco Board's Outrageous Demands

After nine months of avoiding commitment, the Genco board is now requesting to be evaluated at around $36.91 per share. This represents a 57% increase compared to Genco's share price before Diana's last offer.

### Related Stocks

- [DSX.US](https://longbridge.com/en/quote/DSX.US.md)
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- [DSX-B.US](https://longbridge.com/en/quote/DSX-B.US.md)

## Related News & Research

- [Genco Shipping says Diana Shipping withdraws bid for remaining shares](https://longbridge.com/en/news/296057152.md)
- [Genco Shipping & Trading Limited Issues Open Letter to Shareholders Following Withdrawal by Diana Shipping Inc. of its Offer | GNK Stock News](https://longbridge.com/en/news/296057392.md)
- [BTIG Reaffirms Their Hold Rating on Genco Shipping (GNK)](https://longbridge.com/en/news/296325107.md)
- [Diana Shipping withdraws bid to buy Genco after board seeks about USD 36.91 per share](https://longbridge.com/en/news/295973777.md)
- [Dimensional Fund Advisors LP Has $633,000 Position in Geo Group Inc (The) $GEO](https://longbridge.com/en/news/296015934.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**