Destination XL board rejects $0.82 per share tender offer from Zodiac
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Destination XL Group, Inc. Recommends DXL Shareholders Reject Zodiac Partners II’s Tender Offer And NOT Tender Their Shares
May 26, 2026 4:25 PM EDTReschedules Earnings Call for June 3, 2026
CANTON, Mass., May 26, 2026 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (DXL) (NASDAQ: DXLG), the leading integrated commerce retailer of Big + Tall mens clothing and shoes, today announced that its Board of Directors, following a review with external legal and financial advisors, unanimously recommends that shareholders reject the tender offer (the Offer) launched by Zodiac Partners II, LLC (Zodiac) on May 12, 2026 for $0.82 per share and not tender any shares.
The DXL Board of Directors is committed to maximizing shareholder value and taking... More
