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Men's Wearhouse Inc Completes Acquisition Of Iconic American Designer Brand Joseph Abboud


Tuesday, 6 Aug 2013 04:05pm EDT 

Men's Wearhouse Inc announced that it has completed its acquisition of JA Apparel Corp (Joseph Abboud), the celebrated American clothing brand. Pursuant to the terms of the Merger Agreement, The Men's Wearhouse acquired JA Holding, Inc., the parent company of Joseph Abboud, in a cash merger transaction for approximately $97.5 million in cash, subject to certain adjustments, and JA Holding, Inc. will continue to operate as a wholly owned subsidiary of The Men's Wearhouse. J.P. Morgan is serving as financial advisor to Men's Wearhouse, and Willkie Farr & Gallagher LLP is serving as legal advisor. 

Company Quote

47.38
0.16 +0.34%
1 Oct 2014