The Men’s Wearhouse, Inc. (NYSE:MW) said Monday that it has reached a nondisclosure agreement with Jos. A. Bank Clothiers Inc (NASDAQ:JOSB), brightening their merger prospects. Hostile on-again, off-again relationship Last week, it was reported Jos. A. Bank Clothiers Inc, which flatly rejected an offer from The Men’s Wearhouse, Inc. (NYSE:MW) of $63.50 per share and was in the process of courting Eddie Bauer, may be open to The Men’s Wearhouse, Inc. advances after all. In a press statement, the men’s clothing company said it would be willing to meet with its hostile suitor The Men’s Wearhouse, Inc. The statement said: “Our Board has…
Men’s Wearhouse Enters NDA with Jos. A. Bank
Mani
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