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Jos. A. Bank Clothiers Inc.

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Top Jos. A. Bank Clothiers Inc. Articles

Displaying items 23-33
  • Top Men's Wearhouse investor demands negotiations

    Top Men's Wearhouse investor demands negotiations
    Men's Wearhouse disclosed Thursday that its largest shareholder has demanded the company negotiate with Jos. A. Bank Clothiers over the Hampstead-based retailer's acquisition offer. New York hedge fund Eminence Capital, which owns 9.8 percent of Men's...
  • Men's Wearhouse raises offer for Jos. A. Bank

    Men's Wearhouse raises offer for Jos. A. Bank
    Men's Wearhouse Inc. raised its offer for Jos. A. Bank Clothiers Inc. by more than 10 percent, nearly two weeks after its smaller rival looked to fend off the unsolicited bid by agreeing to acquire Eddie Bauer. Men's Wearhouse raised its cash tender...
  • Men's Wearhouse ups bid for Jos. A. Bank by 10 percent

    Men's Wearhouse ups bid for Jos. A. Bank by 10 percent
    Men's Wearhouse sweetened its hostile bid for Hampstead-based Jos. A. Bank Clothiers Inc. on Monday, raising its price more than 10 percent in a deal that hinges on Bank dropping its plans to buy Eddie Bauer. Houston-based Men's Wearhouse boosted its...
  • Men's Wearhouse raises offer to buy rival Jos. A. Bank

    Men's Wearhouse raises offer to buy rival Jos. A. Bank
    Men's Wearhouse does not want to take "no" for an answer.  The Fremont, Calif.-based retailer on Monday raised its offer to purchase rival Jos. A. Bank Clothiers Inc. to $63.50 a share, up from $57.50, and has also sued to prevent Jos. A. Bank's planned...
  • Jos. A. Bank rejects latest Men's Wearhouse bid

    Jos. A. Bank rejects latest Men's Wearhouse bid
    The first crack in Jos. A. Bank Clothier's resolve to remain independent emerged Thursday as the menswear retailer rejected Men's Wearhouse's increased hostile takeover offer but said it would meet with its rival to discuss a merger. Men's Wearhouse...
  • Men's Wearhouse ready to meet with Jos. A. Bank to discuss merger

    Men's Wearhouse ready to meet with Jos. A. Bank to discuss merger
    Men's Wearhouse said Friday it is ready to meet with Jos. A. Bank Clothiers to discuss a merger, a day after Hampstead-based Bank said it's willing to hear how much more the larger chain would boost its acquisition bid. "The Men's Wearhouse board...
  • Jos. A. Bank, Men's Wearhouse to exchange confidential information

    Jos. A. Bank, Men's Wearhouse to exchange confidential information
    Jos. A. Bank Clothiers moved a big step closer toward merging with rival Men's Wearhouse, with an announcement Monday that the two men's apparel chains agreed over the weekend to exchange confidential information and evaluate a potential business...
  • Jos. A. Bank takeover could mean job loss for Carroll County

    Jos. A. Bank takeover could mean job loss for Carroll County
    The purchase of Hampstead-based Jos. A. Bank Clothiers by Men's Wearhouse will likely mean fewer jobs in Carroll County, where the suit company is the fourth-largest employer. Local officials said Tuesday that it is too early to know how severe the...
  • President Obama shops for Michelle and the girls at Gap

    On a trip to Manhattan on Tuesday, President Obama made an unscheduled visit to a midtown Gap to talk about raising the minimum wage and draw attention to the retailer, which has done so. And he also shopped for a jacket for First Lady Michelle Obama...
  • Jos. Bank to be acquired by Men's Wearhouse for $1.8 billion

    Jos. Bank to be acquired by Men's Wearhouse for $1.8 billion
    Jos. A. Bank Clothiers finally liked the look of Men's Wearhouse's takeover offer as the Hampstead-based retailer accepted a $1.8 billion buyout Tuesday. The deal would pay Bank's stockholders $65 a share cash, $10 more than Men's Wearhouse initially...
  • Jos. Bank chairman to get up to $5.8 million payout in sale to Men's Wearhouse

    Jos. Bank chairman to get up to $5.8 million payout in sale to Men's Wearhouse
    The chairman of Jos. A. Bank Clothiers Inc. will receive a payout of up to $5.8 million as part of the chain's acquisition by Men's Wearhouse in a $1.8 billion deal. Bank Chairman Robert N. Wildrick will be paid $3.5 million under a two-year noncompete...