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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Jos. A. Bank Clothiers, Inc. (MM) | NASDAQ:JOSB | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 64.98 | 0 | 01:00:00 |
From Jul 2019 to Jul 2024
Men's Wearhouse Inc. on Thursday said it again extended the expiration date of its tender offer for Jos. A. Bank Clothiers Inc., moving back the date by two weeks to provide more time to collect shareholder support.
Men's Wearhouse last month reached an agreement to buy the rival men's clothing retailer for about $1.8 billion, ending a drawn-out and contentious takeover battle between the two companies.
Men's Wearhouse said about 20.6 million shares were tendered as of Wednesday's deadline, while Jos. A. Bank has about 28 million shares outstanding. The new deadline is April 23.
About 19.3 million Jos. A. Bank shares had been tendered as of late March.
As part of the merger agreement, Jos. A. Bank agreed to terminate its $825 million buyout of fellow retailer Eddie Bauer, a move that had complicated Men's Wearhouse's takeover efforts.
The deal will create a company with more than 1,700 stores in the U.S., about 23,000 employees and annual sales of some $3.5 billion.
Write to Ben Fox Rubin at ben.rubin@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Jos. A. Bank Clothiers Chart |
1 Month Jos. A. Bank Clothiers Chart |
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