Destination XL Group reevaluates pending FullBeauty merger terms

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Destination XL Group Provides Update on Pending Merger with FullBeauty Brands

June 3, 2026 7:02 AM EDT

CANTON, Mass., June 03, 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 has reevaluated the previously announced merger of equals between DXL and FBB Holdings I, Inc. ("FullBeauty") and is engaging with FullBeauty in constructive discussions to determine the best path forward.

As part of its ongoing fiduciary duties to DXLs stockholders, the DXL Board, with the assistance of external financial and legal advisors, has conducted a comprehensive reevaluation of the... More