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Jos. A. Bank [a] is an American retailer of men's furnishings specializing in suits. Established in 1905, by Charles Bank and Joseph Alfred Bank, [ 1 ] it operates over 180 retail locations and three distribution centers ( Atlanta , Houston , and Jenkins ).
On Tuesday, Nov. 26, Men's Wearhouse offered to buy Jos. A. Bank for $1.54 billion. Men's Wearhouse believes that Jos. A. Bank's shareholders, employees, and customers will greatly benefit from ...
Finally, after months of sniping and drama, Men's Wearhouse has successfully won over competing clothier Jos. A. Bank , and will complete a $1.8 billion merger. Analysts generally love the deal ...
Even though Jos. A. Bank formally rejected the latest higher takeover offer by Men's Wearhouse on Thursday, a breakthrough of sorts has been achieved as the men's clothier finally agreed to meet ...
In the long-running, never-ending, and increasingly hositle saga that is the takeover attempt between Men's Wearhouse and Jos. A. Bank , the former has decided to try an end run around its rival's ...
Tailored Brands' predecessor, Men's Wearhouse, was founded in 1973 by George Zimmer as a retail men's clothing store. The business had grown to 100 stores by the time it held an IPO in 1992, raising $13M. [6] Zimmer turned Men's Wearhouse into an industry consolidator, acquiring numerous competitors throughout his tenure leading the firm.
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