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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]
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
Right when we thought the drama between the two men's apparel rivals had ceased for the time being, Jos. A. Bank Clothiers and Men's Wearhouse are in the spotlight again over the same issue. This ...
On November 12, 2013, Ricky Sandler, CEO of Eminence Capital LLC, published a letter he sent to Men's Wearhouse CEO Douglas Ewert discussing a merger with Jos. A. Bank. [16] 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 ...
Jos. A. Bank Clothiers (NAS: JOSB) reported earnings yesterday. Here are the numbers you need to know. The 10-second takeawayFor the quarter ended Jan. 28 (Q4), Jos. A. Bank Clothiers missed ...
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