Reported Earlier, Diana Shipping And Star Bulk Mutually Terminate Genco Vessel Sale Agreement, While Diana's $1.411B-Financed Offer For Genco Remains On Table
Diana's Offer to Acquire All Outstanding Shares of Genco Remains on the Table Termination of Agreement Has No Impact on Diana’s $1.411 Billion in Committed FinancingNearly Eight Weeks Have Passed Since Diana
Two shipping companies stopped one deal, but Diana still wants to buy Genco for $1.411 billion and has the money ready to do it. This is like when you plan to trade your toys with a friend—one trade fell through, but you still really want to make a different trade with them.
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