Nathan G. Miller made an offer to acquire remaining 92.2% stake in Destination Maternity Corporation (NasdaqGS:DEST) for $37 million on January 4, 2018. Under the terms, Stockholders of Destination Maternity would be entitled to exchange their Common Stock for $2.75 in cash or, in certain circumstances, equity in the new entity formed by the transaction. Nathan G. Miller cancelled the acquisition remaining 92.2% stake in Destination Maternity Corporation (NasdaqGS:DEST) on March 9, 2018. Nathan G. Miller cancelled the transaction due to the Destination Maternity's poor financial performance and liquidity issues.