December 23, 2013 / 1:35 PM / 4 years ago

Jos. A. Bank rejects Men's Wearhouse proposal

1 Min Read

Dec 23 (Reuters) - Men's suit retailer Jos. A. Bank Clothiers Inc said its board has unanimously rejected the $1.5 billion bid by Men's Wearhouse Inc.

Men's Wearhouse offered to buy Jos. A. Bank in November, after rejecting a takeover offer from the smaller rival.

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