Jos. A. Bank Clothiers Inc. said Friday, Feb. 14. 2014, it 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. (AP Photo/Elaine …
Clothing retailer Jos. A. Bank Clothier Inc. (NASDAQ: JOSB) announced Friday morning that it was acquiring privately held Eddie Bauer for $825 million in cash and newly issued stock. With this acquisition, Jos. A. Bank has virtually …
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 Wearhouse was reviewing the proposal, which it announced early on Wednesday. …
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 …
It expects second-quarter same-store sales to be flat. Michaels stock is off 9.3% year to date. Still, Michaels is in the process of opening 17 new locations this …
Bank (JOSB) under which the companies will exchange confidential ... Bank reached a deal to buy clothing company Eddie Bauer for $825 million in cash and stock. But it can drop the bid if Men's Wearhouse completes its proposed …
It will also buy back up to $300 million of its own stock if the deal goes through, paying $65 a share in what it said was a way to return capital to shareholders. Friday’s transaction appears to be an effort by Jos. A. Bank to blunt a $1.6 billion ...
However, if you go back in time, to when Tailored Brands stock traded down to $664 million in 2016, it's not all that bad. Even better, this stock has gone from being a real loser to a real winner having traveled from $9 last year this week to …
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 …
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 …