Greece, Nov. 24 -- Diana Shipping Inc. announced that it has submitted a letter to the Board of Directors of Genco Shipping & Trading Limited ("Genco") setting forth a proposal to acquire all of the outstanding shares of Genco not already owned by Diana for $20.60 per share in cash. The Company currently owns approximately 14.8% of Genco's outstanding shares.The proposed price represents:* a 15% premium to the closing price of Genco's shares on November 21, 2025;* a 21% premium to the closing price of Genco's shares on July 17, 2025, the date of the initial disclosure of Diana's ownership stake in Genco; and* a 23% premium to the volume-weighted average price of Genco's shares for each of the 30-day and 90-day periods ending November 21, 20...