Jos. A. Bank To Buy Eddie Bauer [REPORT]

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Mani
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Jos. A. Bank Clothiers Inc (NASDAQ:JOSB) is in discussion to acquire apparel fellow retailer Eddie Bauer, according to a report in The Wall Street Journal. However other details, including the price couldn’t be learned. If the Eddie Bauer deal is consummated, it would dramatically shake up the takeover battle that Jos. A. Bank has been waging with rival The Men’s Wearhouse, Inc. (NYSE:MW). Reportedly acquiring Golden Gate stake According to The Wall Street Journal report, Jos. A. Bank Clothiers Inc (NASDAQ:JOSB) is in talks to buy fellow apparel retailer Eddie Bauer from private-equity firm Golden Gate Capital. The private-equity firm bought…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports