Suit Separates, Unite! Men's Wearhouse Finally Lands Jos. A. BankBy
One of the more colorful takeover battles in recent memory has ended with Men’s Wearhouse striking a $1.8 billion deal to acquire its rival Jos. A. Bank Clothiers, the companies announced today. The two suit-sellers had spent the last five months attempting to buy one another, as well as other, smaller properties in the men’s clothing and apparel sector, in a zigzagging pursuit that was relatively small in dollar terms and big in entertainment value.
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