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GENCO Wins Shareholder Vote Against Diana Shipping, Takeover Battle Continues

Shareholders overwhelmingly backed the management of Genco Shipping & Trading, rejecting board nominees put forward by Diana Shipping, though Diana Shipping CEO Semiramis Paliou stated the company remains committed to acquiring its U.S.-based dry bulk competitor.

30 Jul, 00:48 — 30 Jul, 00:48
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