Genco Shipping & Trading has confirmed it received a non-binding takeover proposal from Diana Shipping Inc. Diana offered to buy all outstanding Genco shares it does not already own for $20.60 per share in cash. Diana currently holds about 14.8% of Genco’s common stock. Genco’s board said it will review the proposal with its financial […] The post Genco receives takeover proposal from Diana Shipping appeared first on Container News .