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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 ).
Time will soon tell if Jos. A. Bank reacts like Men's Wearhouse reacted over the previous buyout proposal, or whether Jos. A. Bank will accept the bid's terms, conditions, and benefits. Making the ...
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]
The change in its poison pill program makes Jos. A. Bank a much more difficult target for Men's Wearhouse to step up and buy without board approval. As a result, it seems incredibly unlikely that ...
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 ...
In February 2014, Jos. A. Bank announced that it would acquire Eddie Bauer in a cash-and-stock deal valued at $825 million. [ 45 ] [ 46 ] However, in March 2014, it was announced that Men's Wearhouse announced the acquisition of Jos. A. Bank and terminated the deal with Eddie Bauer.
A Bank Clothiers (NAS: JOSB) fits the bill. The quest for perfection Stocks that look great based on one factor may prove horrible elsewhere, making due diligence a crucial part of your investing ...
The sign on the front of the stores may appear to be "JoS. A. BANK", but the website gives the name as "Jos. A. Bank." Suggestion: Change the name of this article to Jos. A. Bank Clothiers (the "S" not capitalized) to match the name of the company. Jim 06:21, 10 November 2015 (UTC)