Many of Jos. A. Bank Clothiers Inc.’s holiday promotions fell on deaf ears in 2012, and its stock fell dramatically Monday on that news. Shares of the men’s wear chain dropped 15.1 percent, or $6.99, to $39.28 Monday after hitting a 52-week …
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 …
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.
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
Shares of Men's Wearhouse rose $4.13, or 8.8 percent, to $51.20in premarket trading about 30 minutes before the opening bell. Jos. A. Bank's stock jumped $5.99, or 11.8 percent, to $56.59.
"We are encouraged by the increased bid MW (Men's Wearhouse) made for JOSB (Jos. A. Bank) and by its commitment ... Bank's bid for it in October, were up 2.7 percent at $51.98 on the New York Stock Exchange. Jos. A. Bank's …
Men's Wearhouse Inc.'s stock plunged 19% in premarket trade toward a 6 1/2-year low, following the dismal …
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 …