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Jos. A. Bank Clothiers Inc.

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Top Jos. A. Bank Clothiers Inc. Articles

Displaying items 25-36
  • 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...
  • Top Men's Wearhouse investor demands negotiations

    Top Men's Wearhouse investor demands negotiations
    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...
  • 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 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...
  • Men's Wearhouse shareholders working to restart talks with Jos. A. Bank

    Men's Wearhouse shareholders working to restart talks with Jos. A. Bank
    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...
  • Men's Wearhouse wants to buy Jos. A. Bank for $1.2 billion

    Men's Wearhouse wants to buy Jos. A. Bank for $1.2 billion
    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. The...
  • Jos. A. Bank Clothiers continues to review Men's Wearhouse offer

    Jos. A. Bank Clothiers continues to review Men's Wearhouse offer
    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-...
  • Jos. Bank considers options for growth

    Jos. Bank considers options for growth
    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...
  • Jos. Bank moves to protect itself from Men's Wearhouse takeover

    Jos. Bank moves to protect itself from Men's Wearhouse takeover
    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...
  • Five Questions for John Ciambruschini

    Five Questions for John Ciambruschini
    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-...
  • Men's Wearhouse launches hostile takeover of Jos A. Bank

    Men's Wearhouse launches hostile takeover of Jos A. Bank
    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...