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Men's Wearhouse Inc today rejected a $2.3-billion unsolicited cash takeover offer from Jos. A. Bank Clothiers Inc, saying that the bid undervalued the company and was not in the best interest of shareholders. ''The Men's Wearhouse board concluded that the ...
Domain-b · 10/11/2013
Men's Wearhouse, for its part, said it was surprised by the rejection. Yet it also didn't close the door on a potential transaction, albeit one that could move into hostile takeover territory. "While it is our strong preference to work collaboratively with ...
The Deal Pipeline · 12/24/2013
(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 that was ...
bigstory.ap.org · 1/17/2014
Men's Wearhouse again rebuffed the overture, calling Jos. A. Bank's offer of $48 a share too low. In November, Jos. A. Bank withdrew its takeover offer, but left the door open for possible talks in the future. Later that month, Men's Wearhouse made a $55 a ...
Market Watch · 12/23/2013
After rejecting Jos. A. Bank's proposal, Men's Wearhouse turned tables by initiating a takeover bid of $55 per share or a total of $1.2 billion to acquire all shares of the former on Nov 26, 2013. Following a rejection, on Jan 6, 2014, Men's Wearhouse ...
NASDAQ · 3/1/2014
Men's Wearhouse Rejects Jos. A. Bank Takeover Offer Men's Wearhouse rejects smaller rival Jos. A. Bank's $2.3 billion takeover offer, saying it significantly undervalues the company. Men's Wearhouse dismissed founder George Zimmer a week ago, and …
Daily Finance · 5/30/2014
Expect the clothier with the weaker 2013 to fall prey to the other's takeover bid." Men's Wearhouse: you're move. Written by Laurie Kulikowski in New York. Follow @LKulikowski
The Street · ByLaurie Kulikowski · 12/24/2013