Destination XL board urges holders reject Zodiac Partners’ tender offer at USD 0.84 a share

Destination XL Group, Inc.

Destination XL Group, Inc.

DXLG

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  • Destination XL urged shareholders to reject Zodiac Partners II’s revised unsolicited tender offer for all outstanding shares at USD 0.84 per share, calling the bid opportunistic and still undervaluing the company.
  • The board issued a unanimous recommendation against tendering.
  • Shareholders who already tendered can withdraw shares until the offer expires at 5 p.m. ET on July 24, 2026.


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