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Stock Market & Financial Investment News

News Breaks
March 3, 2014
07:02 EDTMW, JOSBMen's Wearhouse announces non-disclosure agreement with Jos. A. Bank
Men's Wearhouse (MW) confirmed that it entered into a non-disclosure agreement with Jos. A. Bank (JOSB) on March 1, under which the companies have agreed to exchange certain confidential information and to work in good faith to evaluate a potential combination, and that Men's Wearhouse has received a draft merger agreement from Jos. A. Bank. Men's Wearhouse noted that its existing cash tender offer for $63.50 would provide Jos. A. Bank shareholders with a substantial premium and immediate value, and that as previously announced, Men's Wearhouse is prepared to increase its offer price to $65 per share if Jos. A. Bank can demonstrate or Men's Wearhouse can discover additional value through discussions or limited due diligence.
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July 23, 2014
08:53 EDTMWMen's Wearhouse reinstated with a Buy at Goldman
Target $72.

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