DXL board rejects Zodiac's $0.84 per share unsolicited tender offer
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Destination XL Group, Inc. Recommends DXL Stockholders Reject Zodiac Partners II's Revised, Unsolicited Tender Offer and NOT Tender Their Shares
July 8, 2026 4:05 PM EDTCANTON, Mass., July 08, 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 stockholders reject 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, and not tender their shares.
The DXL Board of Directors remains committed to maximizing stockholder value and acting in... More
