| Jun 18, 2014
| 2:35 PM
Men's Wearhouse closed its $1.8 billion deal to acquire Hampstead-based Jos. A. Bank Clothiers Inc., the company said Wednesday, putting an end to what had been a pitched takeover battle between the two former rivals.
The Houston-based men's clothing...
| Jun 23, 2014
| 4:22 PM
Silicon Valley giant Oracle Corp. plans to acquire Columbia-based Micros Systems Inc. for $5.3 billion in a deal executives and industry observers said could generate local job growth instead of the typical corporate consolidation.
In the deal...
| May 7, 2014
| 3:00 AM
The number of women on corporate boards in Maryland increased last year, and for the first time, all businesses that joined the state's publicly traded companies had at least one woman board member, Network 2000 said in a report released Wednesday....
| May 30, 2014
| 2:05 PM
The Federal Trade Commission ruled Friday that the Men's Wearhouse takeover of fellow clothing retailer Jos. A. Bank Clothiers can move forward after the agency found that the combined company would not violate antitrust laws.
| Jun 6, 2014
| 6:07 PM
Jos. A. Bank Clothiers Inc., likely a few weeks away from finalizing a $1.8 billion deal to be acquired by Men's Wearhouse, posted a $37.1 million first-quarter loss stemming from merger-related expenses.
In what is probably its last earnings report as...
| Feb 27, 2014
| 6:19 PM
The first crack in Jos. A. Bank Clothier's resolve to remain independent emerged Thursday as the menswear retailer rejected Men's Wearhouse's increased hostile takeover offer but said it would meet with its rival to discuss a merger.
| Feb 28, 2014
| 4:05 PM
Men's Wearhouse said Friday it is ready to meet with Jos. A. Bank Clothiers to discuss a merger, a day after Hampstead-based Bank said it's willing to hear how much more the larger chain would boost its acquisition bid.
"The Men's Wearhouse board...
| Mar 3, 2014
| 3:22 PM
Jos. A. Bank Clothiers moved a big step closer toward merging with rival Men's Wearhouse, with an announcement Monday that the two men's apparel chains agreed over the weekend to exchange confidential information and evaluate a potential business...
| Mar 11, 2014
| 5:26 PM
The purchase of Hampstead-based Jos. A. Bank Clothiers by Men's Wearhouse will likely mean fewer jobs in Carroll County, where the suit company is the fourth-largest employer.
Local officials said Tuesday that it is too early to know how severe the...
| Mar 11, 2014
| 7:06 PM
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...
| Mar 14, 2014
| 5:51 PM
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...
| Mar 15, 2014
They both sell suits to the American middle class, but in consumers' minds, Jos. A. Bank Clothiers and the Men's Wearhouse occupy distinctive niches.
Bank's image is classic, Men's Wearhouse is trendier. Though both are known for a promotional sales...