Zodiac Partners II, LLC Reaffirms its Previously Announced $46 million Tender Offer to Acquire Destination XL Group, Inc. for $0.82 Per Share in Cash

West Palm Beach FL, June 12, 2026 (GLOBE NEWSWIRE) -- In light of the recent announcement by Destination XL Group, Inc. (“DXLG” or “DXL”) that it has reevaluated its proposed merger with FBB Holdings, Inc., Zodiac Partners II, LLC today reaffirmed its previously announced $46 million all-cash tender offer to acquire all outstanding shares of DXLG for $0.82 per share. Zodiac Partners commends the DXL Board of Directors for recognizing our view that the Full Beauty Brands Merger was not in the best interest of stockholders. Zodiac Partners stands ready willing and able to acquire DXL and is offering shareholders a 26% premium to the unaffected stock price.

GlobeNewsWire • Jun 12, 2026

Destination XL Investor Alert: Kahn Swick & Foti, LLC Investigates Merger of Destination XL Group, Inc. - DXLG

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Destination XL Group, Inc. (NasdaqGM: DXLG) and FBB Holdings I, Inc. Upon closing of the proposed transaction, Destination XL shareholders will own 45% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to Destinat.

Business Wire • Jun 5, 2026

Destination XL Group, Inc. (DXLG) Q1 2027 Earnings Call Transcript

Destination XL Group, Inc. (DXLG) Q1 2027 Earnings Call Transcript

Seeking Alpha • Jun 3, 2026

Destination XL Group Provides Update on Pending Merger with FullBeauty Brands

CANTON, Mass., June 03, 2026 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (“DXL”) (NASDAQ: DXLG), the leading integrated commerce retailer of Big + Tall men's clothing and shoes, today announced that its Board of Directors has reevaluated the previously announced merger of equals between DXL and FBB Holdings I, Inc. ("FullBeauty") and is engaging with FullBeauty in constructive discussions to determine the best path forward.

GlobeNewsWire • Jun 3, 2026

Destination XL Group, Inc. Reports First Quarter Financial Results

CANTON, Mass., June 03, 2026 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (NASDAQ: DXLG), the leading integrated-commerce specialty retailer of Big + Tall men's clothing and footwear, today reported operating results for the first quarter of fiscal 2026.

GlobeNewsWire • Jun 3, 2026

Destination XL Group, Inc. Recommends DXL Shareholders Reject Zodiac Partners II's Tender Offer And NOT Tender Their Shares

CANTON, Mass., May 26, 2026 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (“DXL”) (NASDAQ: DXLG), the leading integrated commerce retailer of Big + Tall men's clothing and shoes, today announced that its Board of Directors, following a review with external legal and financial advisors, unanimously recommends that shareholders reject the tender offer (the “Offer”) launched by Zodiac Partners II, LLC (“Zodiac”) on May 12, 2026 for $0.82 per share and not tender any shares.

GlobeNewsWire • May 26, 2026

Destination XL Group, Inc. to Review Unsolicited Tender Offer From Zodiac Partners II

CANTON, Mass., May 22, 2026 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (“DXL”) (NASDAQ: DXLG), the leading integrated commerce retailer of Big + Tall men's clothing and shoes, today issued the following statement with respect to the unsolicited $0.82 per share in cash tender offer (the “Offer”) made by Zodiac Partners II, LLC ("Zodiac") on May 12, 2026: The DXL Board of Directors is carefully evaluating the Offer with its independent financial and legal advisors in furtherance of its fiduciary duties and in light of the Company's merger agreement with FBB Holdings I, Inc. (“FullBeauty”).

GlobeNewsWire • May 22, 2026

Zodiac Partners II, LLC Provides an Update to its Previously Announced $46 million Tender Offer to Acquire Destination XL Group, Inc. for $0.82 Per Share in Cash

West Palm Beach FL, May 21, 2026 (GLOBE NEWSWIRE) -- Zodiac Partners II, LLC today provided an update to its previously announced all-cash tender offer to acquire all outstanding shares of Destination XL Group, Inc. (“DXLG” or “DXL”) for $0.82 per share. After positive dialogue with shareholders representing a meaningful amount of the shares outstanding, Zodiac will shortly file an amendment to its Schedule TO elaborating on all comments.

GlobeNewsWire • May 21, 2026

Destination XL Group, Inc. to Announce First Quarter 2026 Financial Results on Thursday, May 28, 2026

CANTON, Mass., May 14, 2026 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (NASDAQ: DXLG), the leading integrated commerce retailer of Big + Tall men's clothing and shoes, announced today it will release its first quarter of fiscal 2026 financial results before the market opens on Thursday, May 28, 2026.

GlobeNewsWire • May 14, 2026

Zodiac Partners II, LLC Launches a $46 million Tender Offer to Acquire Destination XL Group, Inc. for $0.82 Per Share in Cash

Urges DXL Shareholders to Secure Significant and Immediate Cash Value by Tendering into Zodiac's Offer West Palm Beach FL, May 12, 2026 (GLOBE NEWSWIRE) -- Zodiac Partners II, LLC an acquisition entity of Camac Fund, today announced that it is commencing an all-cash tender offer to acquire all outstanding shares of Destination XL Group, Inc. (NASDAQ: DXLG) for $0.82 per share. This price implies an approximately 26% premium above DXL's closing share price of $0.6513 per share as of May 11th, 2026.

GlobeNewsWire • May 12, 2026