Digital Brands Group stock surges on $77.58 buyout proposal
Digital Brands Group (NASDAQ:DBGI) shares rose after the company said it received an all-cash acquisition proposal from an existing shareholder. The offer would buy all shares at $77.58 per share, a 258% premium to the prior close of $21.63. DBGI said its board will evaluate the proposal with a financial advisor, with no decision or timeline yet.


