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Men's Wearhouse rejected a $2.4 billion bid from rival JoS. A Banks on Wednesday. Men's Wearhouse has rejected an unsolicited $2.4 billion takeover bid from smaller rival Jos. A. Bank Clothiers, saying the offer undervalues the company and is "inadequate."
CNN Money · ByCharles Riley andChris Isidore · 10/9/2013
"We believe that Men's Wearhouse and Jos. A. Bank are ideal partners - the strategic wisdom of this transaction is compelling," Jos. A. Bank chairman Robert Wildrick told Men's Wearhouse chief executive Doug Ewert in a letter The Times reported. "By ...
Franchise Herald · 10/9/2013
Men's Wearhouse, which has 1,137 stores in North America, said Monday it would continue to look at ways to combine the two businesses and hinted at the possibility of a hostile takeover, in which it would take its offer directly to Bank shareholders.
Baltimore Sun · ByLorraine Mirabella andNatalie Sherman · 12/24/2013
More from Bing News
Men's Wearhouse Inc. MW 0.50 % is getting hot under the collar. The suit seller said on Monday it may seek board seats at rival Jos. A. Bank Clothiers Inc. to press a $1.5 billion takeover bid. But the move leaves several levers unpulled and still faces an ...
Wall Street Journal · 12/23/2013
Jos. A. Bank said on Thursday that its board had rejected Men’s Wearhouse‘s newest takeover bid, worth nearly $1.8 billion, but said that it was willing to meet to try and agree on a higher price. The move is the latest turn in a drama that has played ...
Yahoo News · 6/30/2015
Jos. A. Bank Clothiers has rebuffed a $1.5 billion takeover bid by Men's Wearhouse, prompting its larger rival to explore other ways to satisfy investors' hunger for a merger of the suit retailers. Shares of Men's Wearhouse fell about 1 percent on Monday ...
CNBC · 12/23/2013
BALTIMORE (WJZ)— Retailer Jos. A. Bank Clothiers rejects a takeover bid from Men’s Warehouse. The Hampstead retailer denied a bid from Men’s Wearhouse to buy shares of the company for $63.50. But the CEO of Jos. A. Bank says the company …
CBS Baltimore · 2/28/2014
Fremont, Calif.-- Men’s Wearhouse again rejected a $2.3 billion takeover bid by Jos. A. Bank, refusing to allow it confidential access to its books. Last week, Jos. A. Bank sent a letter to Men’s Wearhouse, hinting that it might raise its proposed ...
Chain Store Age · 11/4/2013
Jos. A. Bank Clothiers Inc. (JOSB-Q) has rebuffed a $1.5 billion US takeover bid by Men's Wearhouse Inc. (MW-N), prompting its larger rival to explore other ways to satisfy investors' hunger for a merger of the suit retailers. Shares of Men's Wearhouse ...
Business News Network · 12/23/2013
Jos. A. Bank Clothier Inc. has rejected a $1.61 billion takeover offer from rival Men’s Wearhouse. The two men’s clothing retailers have been engaged in a strange courtship for months. Jos. A. Bank made a bid for The Men’s Wearhouse Inc. last year th ...
The Boston Globe · 1/18/2014