Economou ends proxy fights with Genco and OceanPal
Greek billionaire credits himself with Genco’s rising share price after offloading half his stake and withdraws nominees in both companies
George Economou has ended his proxy battles with US-listed Genco and OceanPal. The shipping magnate took credit for Genco’s rising share price as he offloaded half of his stake and entered into a support agreement with OceanPal