At least, according to this Rolling Stone article.
While a reunion may be unlikely in the near future, Westerberg has spent a lot of time recently combing through his past for a planned box set. “On a whim I got to dig through some old tapes,” he says. “I found one song I never put on anything for people to hear. Then I dug deeper and found the original ‘Good Day’ [from his 1996 solo LP Eventually]. That pretty much stunned me. I have to close this box set pretty soon because this could take the rest of my life just going through all these things and going, ‘God, why was that there.'”