Men's Wearhouse Inc proposes to acquire Jos. A. Bank for $55 Per Share In Cash

Tuesday, 26 Nov 2013 08:00am EST 

Men's Wearhouse Inc:Says it has proposed to acquire all of the outstanding shares of Jos. A. Bank Clothiers common stock for $55.00 per share in cash, representing an implied enterprise value of approximately $1.2 billion.Says it intends to finance the transaction with a combination of balance sheet cash and debt financing. 

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