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On Dec. 23, Jos. A. Bank Clothiers stole back the lead from The Men's Wearhouse by rejecting their all-cash offer of $1.54 billion. This follows a great deal of drama between the two companies ...
Men's Wearhouse and Jos. A Bank don't seem to get along very well. Jos. A Bank wants to acquire Men's Wearhouse for a significant premium, which would reward Men's Wearhouse shareholders. However ...
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 ...
In December 2013, Jos. A Bank turned down the takeover offer from competitor Men’s Wearhouse, saying the $1.54 billion bid was far too low. [6] On February 14, 2014, Jos. A. Bank Clothiers announced plans to buy outdoor retailer Eddie Bauer in an $825 million deal. [7] Men’s Wearhouse quickly filed a lawsuit to block the proposed deal on ...
In a deal worth $1.8 billion, Men's Wearhouse is finally buying Jos. A. Bank . The market loved the deal, with both stocks up on the news, but in this segment from Tuesday's Investor Beat, host ...
And so comes another strange twist in the Jos. A. Bank and Men's Wearhouse takeover saga, one that could be seen not only as the former thumbing its nose at its rival but also tweaking the nose of ...