It was expected and now it is completed. The dry bulk company Genco Shipping is merging with its subsidiary Baltic Trading, which is listed on the New York Stock Exchange, announces Genco Shipping in a statement.
"Today marks an important milestone for both Genco and Baltic Trading. I would like to thank the shareholders of each company for their continued support as well as the independent directors of each company for their leadership in this process," said Peter C. Georgiopoulos, Chairman of the Genco Board of Directors.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.