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Men’s Wearhouse Inc. rejected smaller rival Jos. A Bank Clothiers Inc.’s $2.3 billion takeover offer, saying it significantly undervalued the company and could raise antitrust issues. The offer does not reflect the company’s growth strategy and ...
New York Post · 10/9/2013
Jos. A. Bank (JOSB) turned down a $1.5 billion takeover bid from rival Men’s Wearhouse (MW), continuing the tug-of-war between the two suit sellers. Jos. A. Bank, whose own offer to buy Men’s Wearhouse was rejected, said Monday it will continue to ...
Fox Business · 12/23/2013
Jos. A. Bank Clothiers Inc. rejected Men's Wearhouse Inc.'s $1.8 billion takeover as "inadequate," but in doing so left open the possibility of ultimately agreeing to a tie-up with its rival. In a statement Thursday, Jos. A. Bank said it rejected Men's ...
Wall Street Journal · ByDana Mattioli andDana.mattioli · 2/27/2014
An Opportunistic Proposal Men's Wearhouse believes the takeover attempt is an opportunistic move to exploit the dislocation in its stock price, depriving shareholders of the intrinsic value of their investments, after a difficult second quarter.
Seeking Alpha · 10/10/2013
(Reuters) - Jos. A. Bank Clothiers Inc has rebuffed a $1.5 billion takeover bid by Men's Wearhouse Inc , 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 ...
Yahoo News Canada · 12/23/2013
Men's Wearhouse has rejected a US$2.3bn takeover offer from rival Jos A Bank, saying it "significantly undervalues" the US men's apparel company. just-style gives you the widest apparel and textile market coverage. Paid just-style members have unlimited ...
Just-style · 10/9/2013
(Reuters) - Men's apparel retailer Jos. A. Bank Clothiers Inc rejected Men's Wearhouse Inc's revised takeover offer calling it inadequate, but said it was willing to talk with its larger rival about a higher bid. Jos. A. Bank shares rose 3.8 percent in ...
Chicago Tribune · 2/27/2014
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
You didn't have to wait long to know what Men's Wearhouse thought of the takeover bid from Jos. A. Bank. To continue reading this story, you will need to be a digital subscriber to ExpressNews.com.
expressnews.com · 10/9/2013