BeaconLight, which holds more than 1 percent stake in Jos A Bank, said the company’s stock was the cheapest among U.S.-listed retailers and shareholders were losing patience with the company which has never paid dividend or …
Jos. A. Bank Clothiers Inc. is buying the parent company of Eddie Bauer in a cash-and-stock deal valued at $850 million. The men's clothing company, which itself is being pursued by Men's Wearhouse Inc., made the deal with Everest …
(AP) — 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 menswear business and diversify its offerings. The deal comes as Jos. A. Bank is …
In the first trading session since the weekend's news, Bank shares slid 5 percent to $53.39 a share, while Men's Wearhouse stock's price fell nearly 8 percent ... "We believe an Eddie Bauer acquisition by JOSB would significantly …
In general, a company must disclose an investigation that would influence an investor's decision to buy or sell its stock. John Coffee, a professor at Columbia University's law school, said disclosures are often triggered at "the point when a …
Jos. A. Bank Clothiers is buying the 94-year-old Eddie Bauer brand for $825 million in cash and stock. The men’s clothing company, which is trying to fend off a takeover bid by Men’s Wearhouse, will pay $564 million in cash, some borrowed …
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 acquisition was completed through an all-cash tender offer for the outstanding shares of Jos. A. Bank common stock at $65 each. The tender offer expired at midnight on Tuesday, New York time, with 23.6 million shares validly tendered. …
Bank Clothiers Inc JOSB.O with a $1.5 billion bid to acquire the suit and ... Bank, a offer that values the smaller retailer’s stock at a 9 percent premium to its close on Monday. Jos. A. Bank shares rose as much as 12.5 percent on Tuesday …