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Mergers, Acquisitions and Takeovers

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  • PSA announces $3 million merger with Armada Employer Services

    Hunt Valley-based PSA Insurance & Financial Services announced Wednesday a $3 million merger with Armada Employer Services, a retail employee benefit consulting and human resources firm.
  • Jos. Bank chairman to get up to $5.8 million payout in sale to Men's Wearhouse

    Jos. Bank chairman to get up to $5.8 million payout in sale to Men's Wearhouse
    The chairman of Jos. A. Bank Clothiers Inc. will receive a payout of up to $5.8 million as part of the chain's acquisition by Men's Wearhouse in a $1.8 billion deal. Bank Chairman Robert N. Wildrick will be paid $3.5 million under a two-year noncompete...

    Jos. Bank to be acquired by Men's Wearhouse for $1.8 billion

    Jos. Bank to be acquired by Men's Wearhouse for $1.8 billion
    Jos. A. Bank Clothiers finally liked the look of Men's Wearhouse's takeover offer as the Hampstead-based retailer accepted a $1.8 billion buyout Tuesday. The deal would pay Bank's stockholders $65 a share cash, $10 more than Men's Wearhouse initially...

    KPMG buys Baltimore software company Cynergy Systems

    KPMG buys Baltimore software company Cynergy Systems
    Tax giant KPMG LLP has acquired Cynergy Systems Inc., a Baltimore-based company that builds and designs software and mobile applications, for an undisclosed sum. Through the acquisition, KPMG sought to add more services for companies looking to use...

    BGE's new CEO settles in after a demanding few years

    BGE's new CEO settles in after a demanding few years
    Calvin G. Butler Jr. came to Baltimore nearly three years ago with one foot here and the other in Chicago, flying west on weekends to his wife and two teenagers. Now he's firmly in this region. His family moved to Cockeysville last summer. He's on two...