In the latest twist in the pitched battle between competing clothiers, Men's Wearhouse launched a newly revised hostile takeover offer Monday that values rival Jos. A. Bank at roughly $1.61 billion. Willkie is advising Men's Wearhouse in the matter, while Jos. A. Bank has turned to Skadden and Guilfoil Petzall & Shoemake.
January 06, 2014 at 05:46 PM
1 minute read
In the latest twist in the pitched battle between competing clothiers, Men’s Wearhouse said Monday it has launched its newly revised hostile takeover offer for Jos. A. Bank.
As The Am Law Daily has reported in the past, Houston-based Men’s Wearhouse rejected a $2.3 billion takeover bid by Jos. A. Bank in October, calling the offer “highly opportunistic” and saying that the $48 per share proposal undervalued the company
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