Destination XL Group Inc
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Consumer Discretionary : Specialty Retail | Small Cap Blend
Company profile

Destination XL Group, Inc. is a specialty retailer of big and tall men's clothing with retail, wholesale and direct operations in the United States and Toronto, Canada. The Company operates under the trade names of Destination XL, DXL, DXL outlets, Casual Male XL and Casual Male XL outlets. It operates approximately 219 Destination XL stores, 16 DXL outlet stores, 32 Casual Male XL retail stores, 19 Casual Male XL outlet stores and a digital business, including an e-commerce site at dxl.com, a mobile site m.destinationXL.com and mobile application. The Company's segments include retail segment and wholesale business segment. Its retail segment operates store segment, which includes DXL Men’s Apparel stores, Casual Male XL retail stores, DXL outlet, and Casual Male XL outlet stores; and direct business segment, which includes online business, through its Website, application and third-party marketplace.

Closing Price
$5.42
Day's Change
-0.01 (-0.18%)
Bid
--
Ask
--
B/A Size
--
Day's High
5.51
Day's Low
5.11
Volume
(Heavy Day)
Volume:
2,670,631

10-day average volume:
881,117
2,670,631

Shareholder Alert - The M&A Class Action Firm Continues Investigating the Merger - ZEN, MANT, HMTV, CTT, HNGR, VHAQ

1:51 pm ET August 11, 2022 (PR Newswire) Print

Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating:

-- Zendesk, Inc. (ZEN), relating to its proposed acquisition by Permira & Hellman & Friedman LLC. Under the terms of the agreement, ZEN shareholders will receive $77.50 in cash per share they own. Click here for more information: https://www.monteverdelaw.com/case/zendesk-inc. It is free and there is no cost or obligation to you.

-- ManTech International Corp. (MANT), relating to its proposed acquisition by funds managed by The Carlyle Group Inc. Under the terms of the agreement, MANT shareholders will receive $96.00 in cash per share they own. Click here for more information: https://www.monteverdelaw.com/case/mantech-international-corp. It is free and there is no cost or obligation to you.

-- Hemisphere Media Group, Inc. (HMTV), relating to its proposed acquisition by a subsidiary of Gato Investments LP. Under the terms of the agreement, HMTV shareholders will receive $7.00 in cash per share they own. Click here for more information: https://www.monteverdelaw.com/case/hemisphere-media-group-inc. It is free and there is no cost or obligation to you.

-- CatchMark Timber Trust, Inc. (CTT), relating to its proposed acquisition by PotlatchDeltic Corp. Under the terms of the agreement, CTT shareholders will receive 0.23 shares of PotlatcDeltic per share they own. Click here for more information: http://monteverdelaw.com/case/catchmark-timber-trust-inc. It is free and there is no cost or obligation to you.

-- Hanger, Inc. (HNGR), relating to its proposed acquisition by Patient Square Capital. Under the terms of the agreement, HNGR shareholders will receive $18.75 in cash per share they own. Click here for more information: https://www.monteverdelaw.com/case/hanger-inc. It is free and there is no cost or obligation to you.

-- Viveon Health Acquisition Corp. (VHAQ) relating to its proposed merger with Suneva Medical, Inc. Click here for more information: https://monteverdelaw.com/case/viveon-health-acquisition-corp. It is free and there is no cost or obligation to you.

https://mma.prnewswire.com/media/443626/Monteverde_Associates_PC_Logo.jpg

About Monteverde & Associates PC

We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing. We were listed in the Top 50 in the 2018-2021 ISS Securities Class Action Services Report. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions. Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019, an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017-2021 Top Rated Lawyer. Our firm's recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court. Emulex Corp. v. Varjabedian, 139 S. Ct. 1407 (2019). Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.

If you own common stock in any of the above listed companies and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

Contact:

Juan E. Monteverde, Esq.MONTEVERDE & ASSOCIATES PCThe Empire State Building350 Fifth Ave. Suite 4405New York, NY 10118United States of Americajmonteverde@monteverdelaw.comTel: (212) 971-1341

Attorney Advertising. (C) 2022 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.

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SOURCE Monteverde & Associates PC

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