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Dry Bulk Consolidation Posidonia

Genco shareholders should take the money, says Pappas

  • ‘They totally blew us off’ says Pappas of Genco rebuff for Star Bulk’s own offer made on the quiet last year
  • Diana makes ‘definitive’ case for change to Genco shareholders
  • Genco stock could slump 20%-30% if offer rejected, believes Pappas

  • News

Backing Diana’s offer for New York dry bulk rival, Star Bulk chief executive says he would accept the offer ‘with a backflip’ if he owned Genco shares

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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