Genco keeps poison pill alive through 2027

Genco Shipping & Trading has extended its shareholder rights plan for another year, keeping its takeover defence in place well beyond the collapse of Diana Shipping’s nine-month pursuit of the US-listed bulker owner. Genco revealed the plan on Friday, pushing its final expiry date from September 30, 2026 to September 30, 2027. The board cited … Read full article →