DESTINATION M&A Tuesday, May 26, 2026 -0.30 Negative

DXL Board Unanimously Rejects Zodiac Partners' $0.82/Share Tender Offer

Destination XL Group's Board of Directors unanimously recommended shareholders reject Zodiac Partners II's May 2026 tender offer, citing undervaluation and opportunistic timing. The company rescheduled earnings to June 3, 2026, citing time needed to address the unsolicited offer.

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