Destination XL Cancels Merger with FullBeauty Brands
Destination XL Group has decided to cancel its planned merger with FullBeauty Brands due to the challenging consumer environment and FullBeauty's indebtedness, as revealed in DXL’s delayed first-quarter results. The companies will now engage in discussions for an alternative path forward.
Tickers: $DXLG
Topics: mergers_and_acquisitions retail