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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 November 15, 2013, Joseph A. Bank Clothiers Inc. withdrew "its all-cash proposal to purchase Men's Wearhouse for $48 a share after its self-imposed November 14 deadline". [17] In March 2014, Men's Wearhouse reached an agreement to acquire Jos. A. Bank for $1.8 billion, on the condition that it dropped its acquisition bid for Eddie Bauer. [18]
Looking to reduce debt, Quaker announced in August 1986 they would sell off their specialty retailing group, which included Brookstone as well as Jos. A. Bank Clothiers and Eyelab. Brookstone was purchased by an investment group including Greylock Management, Duncan, Cook and Co. and Fidelity Ventures, as well as Brookstone management. [16] [17]
Jos. A. Bank Clothiers announced today that it has pulled its unsolicited offer to purchase The Men's Wearhouse for $48 per share, through a letter from its Chairman, Robert Wildrick, to the CEO ...
Let's discuss the ideal qualities of a perfect stock, then decide if Jos. A Bank Clothiers (NAS: JOSB) ... The company saw same-store sales rise strongly even through the worst of the recession ...
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