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Stock Market & Financial Investment News

News Breaks
May 22, 2014
07:33 EDTJOSB, MWMen's Wearhouse tender offer expiration extended to June 5
Men's Wearhouse (MW), in accordance with the terms of its merger agreement with Jos. A. Bank (JOSB), has extended its all-cash tender offer for $65.00 per share for all of the currently outstanding shares of common stock of Jos. A. Bank to 5:00 p.m. NYC time on June 5, unless further extended. The tender offer was previously set to expire on May 21. As of 5:00 p.m. NYC time on May 21, approximately 21,805,114 shares of Jos. A. Bank common stock have been validly tendered in, and not withdrawn from the tender offer.
News For MW;JOSB From The Last 14 Days
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April 17, 2015
08:08 EDTMWMen's Wearhouse recommended at Goldman
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April 16, 2015
13:01 EDTMWJos. A. Bank to scale back on suit discounts, Business Insider reports
Men's Wearhouse is scaling back on the discounts for Jos. A. Bank, reports Business Insider. CEO Doug Ewert said the "buy-one, get-several free" deals are no longer sustainable, adding that the company "sees an opportunity to expand on other reasons to shop at Jos. A. Bank, beyond just deep discounts. Reference Link

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