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Genco Shipping & Trading 'Pleased' by Economou's Withdrawal of Board Candidate
Press Release: Genco Shipping & Trading Issues Statement Regarding George Economou's Withdrawal of His Nominee
Genco Shipping & Trading Limited (NYSE:GNK) today issued the following statement regarding George Economou's withdrawal of the nomination of Robert Pons for election to the Genco Board of Directors.
George Economou Firm Backs Off Genco Proxy Fight
By Ben Glickman A firm backed by Greek shipping tycoon George Economou is standing down in a proxy fight with Genco Shipping & Trading, arguing its pressure had already improved shareholder returns.
GK Investor Believes Its Efforts 'Were a Principal Driver Behind Genco's Decision to Focus on Capital Allocation, Reduce Its Discount to NAV and Add a New Voice in the Boardroom'
GK Investor Believes Its Efforts 'Were a Principal Driver Behind Genco's Decision to Focus on Capital Allocation, Reduce Its Discount to NAV and Add a New Voice in the Boardroom'
Genco Shipping Stockholder GK Investor Withdraws Board Nomination of Robert Pons
Genco Shipping Stockholder GK Investor Withdraws Board Nomination of Robert Pons
GK Investor's Genco Campaign Results in Material Improvement
Notes Company's Significant Share Price Increase Following Public Pressure GK Investor LLC ("GK"), a shareholder of Genco Shipping & Trading Limited ("Genco" or the "Company") (NYSE:GNK), today announced the
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