Star Bulk breaks its silence on Genco battle
- Genco share is riding high only while the company is ‘in play’, Pappas tells Lloyd’s List
- Investors who believe in dry bulk propspects can sell their Genco shares and acquire any other bulker company at a discount, argues Star Bulk chief
- Diana ‘can be depended on’ to honour its offer if alternate slate of directors wins the day
Petros Pappas-led dry bulk giant, which is partnering with Diana Shipping in its bid to take over Genco, received a similar brush-off from Genco last year, it emerges
