| Feb 19, 2014
| 8:45 AM
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...
| Nov 7, 2013
| 3:28 PM
Men's Wearhouse disclosed Thursday that its largest shareholder has demanded the company negotiate with Jos. A. Bank Clothiers over the Hampstead-based retailer's acquisition offer.
New York hedge fund Eminence Capital, which owns 9.8 percent of Men's...
| Jan 17, 2014
| 4:24 PM
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...
| Jan 21, 2014
| 3:57 PM
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'...
| Jan 15, 2014
| 11:23 AM
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...
| Nov 25, 2013
| 4:50 PM
Hoping to breathe new life into Jos. A. Bank Clothiers Inc.'s failed $2.3 billion bid for Men's Wearhouse Inc., investors are pressuring others to join a campaign to restart merger talks.
Hampstead-based Jos. A. Bank walked away from a deal earlier this...
| Nov 26, 2013
| 5:51 PM
Men's Wearhouse suddenly likes the way Jos. A. Bank Clothiers looks.
Under pressure from its shareholders after rejecting a takeover by Jos. A. Bank, Men's Wearhouse turned the tables Tuesday, proposing to buy its smaller rival for $1.2 billion.
| Dec 5, 2013
| 2:44 PM
It could be a while before Jos. A. Bank Clothiers Inc. formally responds to the takeover offer from its rival Men's Wearhouse Inc., as executives focus on the key holiday retail selling season and other potential acquisitions.
The board of the Hampstead-...
| Dec 7, 2013
| 9:13 AM
Men's Wearhouse's $1.2 billion turnabout offer for Jos. A. Bank Clothiers might have painted the smaller men's retailer into a corner.
After all, it was Jos. Bank's idea to combine the two companies with its now-withdrawn $2.3 billion offer for Men's...
| Jan 3, 2014
| 4:36 PM
Jos. A. Bank Clothiers Inc. has taken steps to protect itself from a hostile takeover after having rejected an acquisition bid by rival Men's Wearhouse.
The board of Hampstead-based company approved an amendment to the company's shareholder rights plan...
| Jan 4, 2014
| 6:41 AM
John Ciambruschini began learning to handcraft garments as a teenage apprentice to his father in Rome, tailoring made-to-order suits, slacks, dresses and skirts.
After immigrating to the United States in 1958 at age 20, Ciambruschini worked at the now-...
| Jan 6, 2014
| 4:52 PM
Men's Wearhouse moved Monday to pin Jos. A. Bank Clothiers in a corner with a hostile $1.6 billion bid for its smaller rival.
With the offer of $57.50 cash for each of Hampstead-based Bank's outstanding shares, Men's Wearhouse is bypassing the retailer's...