DXL board reviews revised $0.84-per-share takeover bid from Zodiac

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Destination XL Group, Inc. to Review Revised, Unsolicited Tender Offer From Zodiac Partners II

June 23, 2026 4:59 PM EDT

CANTON, Mass., June 23, 2026 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (DXL) (NASDAQ: DXLG), the leading integrated commerce retailer of Big + Tall mens clothing and shoes, today issued the following statement with respect to the revised, unsolicited tender offer to acquire all outstanding shares of DXL for $0.84 per share in cash (the Revised Offer) announced by Zodiac Partners II, LLC ("Zodiac") on June 23, 2026:

DXLs Board remains committed to maximizing value and will continue taking actions that are in the best interest of all DXL stockholders. The DXL Board of Directors is... More