JOSB stock fell modestly in Monday morning trading, while MW stock sank more than 1%. Article printed from InvestorPlace Media, http://investorplace.com/2013/12/jos-bank-rejects-mens-wearhouse-takeover-offer/.
Men's Wearhouse on Wednesday rejected a $2.3 billion nonbinding takeover proposal by Jos. A. Bank Clothiers Inc., despite that its offer price was higher than Men's Wearhouse's closing market price. Bill Sechrest, Men's Wearhouse
For additional information on Men's Wearhouse, please visit menswearhouse.com Follow us on social media Instagram – @menswearhouse About Kenneth Cole Productions, Inc. Kenneth Cole is an American designer, social activist, …
A successful spokesperson personifies a brand. So what happens when the spokesperson and the brand part ways? That’s the awkward dilemma now facing the top brass at Men’s Wearhouse Inc., the clothing chain that ousted …
A. Bank Clothiers Inc. Eminence, which also has a small stake in Jos. A. Bank, is said to be agitating for MW to solicit takeover bids. Eminence’s chief executive officer Ricky C. Sandler said in a letter to MW’s board: “We are writing to …
Men’s Wearhouse Inc. said Wednesday that it was removing founder George Zimmer as executive chairman, without offering a reason for the dismissal. The chain, which Zimmer launched in 1973, also said it was postponing its annual …