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US: Jos A Bank withdraws Men's Wearhouse bid
2013-11-15 19:18:00| Daily apparel & textile news and comment - from just-style.com
Men's apparel and footwear business Jos A Bank Clothiers has dropped its US$2.3bn acquisition offer for rival Men's Wearhouse, but said it still believes a transaction would be in the best interest of the shareholders of both companies.
Jos A Bank drops $2.3B bid for Men's Wearhouse as self-imposed deadline for talks passes
2013-11-15 14:37:28| Apparel - Topix.net
Jos. A. Bank made an unsolicited offer of $48 per share for Men's Wearhouse Inc. in September.
Jos. A. Bank terminates offer to buy Men's Wearhouse
2013-11-15 14:37:27| Apparel - Topix.net
A. Bank did not rule out another bid for its larger rival in the future. Jos. A. Bank had said it would terminate its proposal if the Men's Wearhouse board did not engage in good faith negotiations by November 14. " ... we are invited by the Men's Wearhouse board to discuss our acquisition ... or if circumstances were otherwise to change, Jos.
US: Men's Wearhouse to reconsider Jos A Bank bid
2013-11-13 15:58:00| Daily apparel & textile news and comment - from just-style.com
Apparel retailer Men's Wearhouse will reconsider a previously rejected takeover bid from rival Jos A Bank Clothiers, according to one of its shareholders.
Men's Wearhouse to review Jos. A. Bank merger, investor says
2013-11-13 00:33:30| Apparel - Topix.net
The CEO of the New York hedge fund that is Men's Wearhouse's biggest shareholder said he is "encouraged" by Men's Wearhouse's CEO instructing the retailer's financial advisers to review "all strategic options" including a merger with Jos.
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