Men's Wearhouse To Acquire Jos. A. Bank Clothiers

HFA Padded
Michelle deBoer-Jones
Published on
Updated on

Well it’s about time, to say the least. The drama between The Men’s Wearhouse, Inc. (NYSE:MW) and Jos. A. Bank Clothiers Inc (NASDAQ:JOSB) is finally coming to a close. After a long and troubled courtship, the two companies announced today via a press release that Men’s Wearhouse will acquire Jos. A. Bank for $65 a share. Men’s Wearhouse, Jos. A. Bank sign definitive agreement The Men’s Wearhouse, Inc. (NYSE:MW) will pay cash to acquire the company, which adds up to a total consideration of $1.8 billion. According to a press release this morning, the boards of both companies unanimously approved…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.