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Jos. A. Bank Clothiers Inc.

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Top Jos. A. Bank Clothiers Inc. Articles

Displaying items 13-24
  • Jos. Bank shareholder accuses retailer of 'desperate tactics' in bid for Eddie Bauer

    Jos. Bank shareholder accuses retailer of 'desperate tactics' in bid for Eddie Bauer
    Eminence Capital LLC, a shareholder that's suing Jos. A. Bank Clothiers Inc. for rejecting a $1.6 billion takeover bid from rival Men's Wearhouse, accused the Hampstead-based men's retailer Tuesday of resorting to "desperate tactics" to protect management...
  • Jos. A. Bank starts buyback of up to $300 million shares at $65 each

    Jos. A. Bank starts buyback of up to $300 million shares at $65 each
    Jos. A. Bank Clothiers Inc. said Wednesday it has started buying back up to $300 million worth of its shares at $65 each, a step toward its planned acquisition of retail chain Eddie Bauer. The Hampstead-based men's apparel retailer said the offer will...
  • Men's Wearhouse ups bid for Jos. A. Bank by 10 percent

    Men's Wearhouse ups bid for Jos. A. Bank by 10 percent
    Men's Wearhouse sweetened its hostile bid for Hampstead-based Jos. A. Bank Clothiers Inc. on Monday, raising its price more than 10 percent in a deal that hinges on Bank dropping its plans to buy Eddie Bauer. Houston-based Men's Wearhouse boosted its...
  • Jos. A. Bank rejects latest Men's Wearhouse bid

    Jos. A. Bank rejects latest Men's Wearhouse bid
    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. Men's Wearhouse...
  • Men's Wearhouse ready to meet with Jos. A. Bank to discuss merger

    Men's Wearhouse ready to meet with Jos. A. Bank to discuss merger
    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...
  • Shareholder moves to force Jos. A. Bank to negotiate with Men's Wearhouse

    Shareholder moves to force Jos. A. Bank to negotiate with Men's Wearhouse
    A New York hedge fund's push to force Hampstead-based Jos. A. Bank Clothiers Inc. to negotiate with suitor Men's Wearhouse could make it more difficult for Bank to fight off the rival chain's $1.61 billion hostile takeover attempt. Eminence Capital LLC,...
  • Fuchs Group Baltimore Spice to move to Hampstead

    Fuchs Group Baltimore Spice to move to Hampstead
    A global company that manufactures spice concoctions for the food industry is building a new North American headquarters in Hampstead, relocating its operations from Baltimore County. The German-based Fuchs Group, which bought Old Bay creator Baltimore...
  • Jos. Bank shareholder to nominate two directors in push for merger with Men's Wearhouse

    Jos. Bank shareholder to nominate two directors in push for merger with Men's Wearhouse
    A large shareholder that is pushing Hampstead-based Jos. A. Bank Clothiers Inc. to negotiate with suitor Men's Wearhouse plans to nominate two company directors at Bank's annual shareholder meeting. Eminence Capital LLC, a New York hedge fund that...
  • Jos. A. Bank offers $100,000 cash during high school prom season

    Jos. A. Bank offers $100,000 cash during high school prom season
    Besides defending itself from a $1.61 billion hostile takeover bid from Men’s Wearhouse, Jos. A. Bank Clothiers Inc. is gearing up for high school prom season. The Hampstead-based men’s retailer said Wednesday it plans to give away more than...
  • Jos. A. Bank gives thumbs down to offer

    Jos. A. Bank gives thumbs down to offer
    Jos. A. Bank Clothiers refused to roll over and play dead after the recent hostile takeover offer from Men's Wearhouse. On Friday, the Hampstead-based retailer announced that its board recommends shareholders reject a $1.61 billion acquisition offer from...
  • Bank shareholder nominates outside directors

    Bank shareholder nominates outside directors
    Continuing to push Jos. A. Bank Clothiers to talk merger with Men's Wearhouse, a large shareholder identified the two men it has nominated to the Hampstead-based retailer's board. Eminence Capital LLC, a New York hedge fund that owns 4.9 percent of Bank'...
  • Jos. A. Bank, Men's Wearhouse to exchange confidential information

    Jos. A. Bank, Men's Wearhouse to exchange confidential information
    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...