Destination XL (DXLG) Group has received a non-binding proposal from Fund 1 Investments to acquire all of the outstanding shares of the Company. The Board of Directors regularly reviews opportunities to create and enhance shareholder value and will carefully review and evaluate this proposal and other strategic alternatives together with its financial and legal advisors.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DXLG:
- Destination XL Group Reports Quarterly Loss and Lowers Outlook
- Amazon invests $4B more in Anthropic, Gap reports Q3 beat: Morning Buzz
- Morning Movers: Gap gains and Destination XL sinks following earnings
- Destination XL sees FY24 revenue $470M
- Options Volatility and Implied Earnings Moves Today, November 22, 2024