Men’s Wearhouse capped a turbulent six-month takeover battle by announcing a deal to buy smaller rival Jos. A. Bank on Tuesday for $1.8 billion. The deal combines the two largest independent men’s clothing retailers. 72 more words
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Men’s Wearhouse announced Tuesday that it is buying its suit-selling rival Jos. A. Bank for $65 a share in cash after months of wrangling between the two competitors, greatly expanding the size of the menswear chain. 275 more words
(NEW YORK) — It’s time to suit up: Men’s Wearhouse is buying Jos. A. Bank for $1.8 billion.
Men’s Wearhouse Inc. will pay $65 per share, a 5 percent premium to Jos. 115 more words