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"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
Men’s Wearhouse said in a statement Wednesday morning that the proposal undervalues the company and is not in the best interest of the company or its shareholders. Plus, it said, the takeover could raise “significant” antitrust concerns.
Forbes · 10/10/2013
More from Bing News
Men's Wearhouse Inc. MW 0.12 % 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 · 5/17/2015
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
Oct. 10 (Bloomberg) -- Men’s Wearhouse Inc. rejected a $2.3 billion cash takeover offer from Jos. A. Bank Clothiers Inc., saying the bid undervalued the company and wasn’t in the best interest of investors. It also adopted a shareholder rights plan.
Bloomberg · ByLindsey Rupp · 10/10/2013
just-style gives you the widest apparel and textile market coverage. Paid just-style members have unlimited access to all our exclusive content - including 15 years of archives. I am so confident you will love complete access to our content that today I ...
Just-style · 10/9/2013
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
Jos. A. Bank (NASDAQ: JOSB) made its rejection public after the financial markets closed. Men’s Wearhouse (NYSE: MW) launched a hostile takeover bid Jan. 6. The Houston-based men’s retailer said, if the deal was rejected, it would nominate two ...
The Business Journal · ByGary Haber · 1/17/2014