HAMPSTEAD, Md.—Jos. A. Bank Clothiers Inc. is buying the parent company of Eddie Bauer in a cash-and-stock deal valued at $825 million that will help strengthen its men’s wear business and diversify its offerings. The deal comes as …
Elf made its own bid for TotalFina, and after a contentious dispute, the two companies merged to create Total S.A. The Men’s Wearhouse offer values Jos. A. Bank at $1.5 billion, an 8.7 percent premium over its closing stock price on …
The deal will include $564 million in cash and approximately 4.7 million new shares of common stock of Jos. A. Bank ... Shares of Jos. A. Bank (JOSB) edged lower in early trading, while shares of Men's Wearhouse (MW) fell more sharply.
Bank Clothiers Inc <JOSB.O> has proposed to buy bigger rival Men's Wearhouse ... The $48 per share all-cash offer is a 36 percent premium to the closing price of Men's Wearhouse common stock on Tuesday. Jos. A. Bank said Men's
The drama surrounding Jos. A. Bank and Men’s Wearhouse has a new twist. Jos. A. Bank on Friday said it will acquire outdoor clothing brand Eddie Bauer for $825 million in cash and stock. In an interview, Jos. A. Bank CEO Neal Black …
A. Bank Clothiers Inc., boosting the takeover offer for its rival by 10 percent to about $1.78 billion. The move comes 10 days after Jos. A Bank announced that it was planning to buy the parent company of Eddie Bauer in a cash-and-stock
A. Bank Clothiers (Nasdaq: JOSB) common stock for $55.00 per share in cash, representing an implied enterprise value of approximately $1.2 billion. The Men's Wearhouse proposal represents a 45% premium over Jos. A. Bank's unaffected …
Disclosure of the drop caused the company's stock to drop more than 16 percent in one day. Yesterday, Bank stuck with earlier estimates that it expects to earn $2.15 per share in fiscal 2006, a 10 percent increase over fiscal 2005 earnings …
The deal was reached with Everest Topco LLC to buy Everest Holdings LLC in a cash-and-stock deal valued at $825 million. But the acquisition, which comes as Jos. A. Bank is being pursued by Men’s Wearhouse Inc., isn’t written in …