Destination XL Board Rejects Zodiac Partners Tender Offer
Destination XL's board unanimously rejected Zodiac Partners II's unsolicited tender offer for $0.84 per share, deeming the price too low. Guggenheim Securities advised the corporation against the bid, which was characterized as highly conditional and seemingly opportunistic.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
Get real-time financial news in your trading bot or app
GET FREE KEY — 10,000 calls/day