Jos. A. Bank offers to buy Men's Wearhouse, gets brush-off-Reuters

Jos. A. Bank Clothiers Inc (JOSB.O: Quote, Profile, Research, Stock Buzz) offered to buy bigger rival Men's Wearhouse Inc (MW.N: Quote, Profile, Research, Stock Buzz) for about $2.3 billion to create a men's apparel heavyweight with more than 1,700 stores - a proposal that Men's Wearhouse swiftly rejected, Reuters reported.

9 October 2013•3 mins read
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