It later announced it would adopt a shareholder rights plan, also known as a poison pill, designed to thwart anyone who buys a big chunk of its stock without board approval: 10 percent for a person or group, or 15 percent for a passive …
Investors clearly remain skeptical that this deal gets inked. Jos. A. Bank’s stock rose slightly Thursday morning but it’s still trading at $55.20 below Men’s Wearhouse’s initial offer price. Shares of Men’s Wearhouse dipped 1% in early trading.
Bank Clothiers (JOSB), as the suit sellers move closer to a deal ... Men’s Wearhouse closed Friday at $53.79, up 19.2% for the week. The stock was inactive Monday in pre-market trading. Jos. A. Bank was up 1.1% at $62.79 early …
US stock indices are heading slightly higher this morning before ... A. Bank Clothiers Inc (NASDAQ:JOSB) announced that it will acquire Everest Holdings, which owns the Eddie Bauer retail brand, for $825 million. Golden Gate Capital, a …
A. Bank (NASDAQ: JOSB) have agreed to a $1.8 billion deal to acquire Bank’s outstanding shares of common stock for $65 cash per share. The deal expects to support 23,000 jobs across 1,700 stores. “We are pleased to have reached …
Jos. A. Bank said it would start a $300 million tender offer immediately after the deal closes to buy back 4.6 million shares at $65 each, a premium of 18.4 percent to the stock's close of $54.92 on Thursday. Jos A. Bank shares have run up 24 …
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.
A Bank Clothiers (JOSB) reported full year 2009 net income of $3.84 per share ... Shares are now up 1.32 at $53.04. The stock has been on an upward trend since early February and has set a new high for the year.
FILE - In this Monday, March 3, 2014, file photo, two men exit a Men's Wearhouse store, in New York. Men’s Wearhouse is still trying to figure out the best strategy for its business since buying rival Jos. A. Bank, but needs to move quickly …
Bank (JOSB) has agreed to buy Eddie Bauer in an $825 million ... Bobby Raines is the Managing Editor of the Market Intelligence Center. He has degrees in Mass Communications and History from Emory & Henry College. Bobby …