Zodiac Partners II, LLC has officially launched a tender offer valued at approximately $46 million, planning to acquire all outstanding shares of common stock of Destination XL Group, Inc. at a cash price of $0.82 per share.

Zodiac Partners II, LLC has officially launched a tender offer valued at approximately $46 million, planning to acquire all outstanding shares of common stock of Destination XL Group, Inc. at a cash price of $0.82 per share.

老虎证券2026/05/12 13:31

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The proposed acquisition price represents a significant premium over the target company's recent stock price, aiming to provide Destination XL shareholders with a certain and attractive liquidity option. If the acquisition is successfully completed, Destination XL will become a privately held company, and its stock will be delisted from the public market.

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Zodiac Partners II, LLC has officially launched a tender offer valued at approximately $46 million, planning to acquire all outstanding shares of common stock of Destination XL Group, Inc. at a cash price of $0.82 per share.

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