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February 14, 2014
09:34 EDTMW, JOSBMen's Wearhouse says will evaluate options with regard to Jos. A. Bank
Men's Wearhouse (MW) issued a statement in response to Jos. A. Bank's (JOSB) agreement to acquire Eddie Bauer. The company said, "In light of Jos. A. Bank's decision not to engage in discussions with Men's Wearhouse about a combination that would provide Jos. A. Bank shareholders with a substantial premium and immediate and certain value, the Board of Directors of Men's Wearhouse, together with its financial and legal advisors, will evaluate Men's Wearhouse's options with respect to Jos. A. Bank. As previously announced on January 6, 2014, Men's Wearhouse commenced a cash tender offer to acquire all outstanding shares of Jos. A. Bank Clothiers, Inc. for $57.50 per share. The tender offer is scheduled to expire at 5:00 p.m., New York City time on Friday, March 28, 2014, unless the offer is extended...Also as previously announced, Men's Wearhouse has formally submitted its notice to nominate two independent director candidates, John D. Bowlin and Arthur E. Reiner, for election to the Jos. A. Bank Board of Directors at its 2014 Annual Meeting."
News For MW;JOSB From The Last 14 Days
Check below for free stories on MW;JOSB the last two weeks.
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July 29, 2014
12:13 EDTMWOn The Fly: Midday Wrap
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11:54 EDTJOSB, MWMen's Wearhouse sees EPS reaching at least $5.50 by 2017
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11:51 EDTJOSB, MWMen's Wearhouse sees gross margin to improve 150-200 bps through 2017
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11:49 EDTJOSB, MWMen's Wearhouse targeting minimum sales over $3.7B by 2017
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11:17 EDTJOSB, MWMen's Wearhouse says it has 'a lot' of visibility into Jos. A. Bank cost synergy
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11:13 EDTMW, JOSBMen's Wearhouse drops 4% as analyst day meeting continues
06:29 EDTMWMen's Wearhouse announces Q2 to date comparable sales
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July 28, 2014
07:30 EDTMWMen's Wearhouse to host analyst day
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July 23, 2014
10:02 EDTMWOn The Fly: Analyst Initiation Summary
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08:53 EDTMWMen's Wearhouse reinstated with a Buy at Goldman
Target $72.

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