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Men's Wearhouse Inc to acquire Jos. A. Bank for $65.00 per share in cash


Tuesday, 11 Mar 2014 12:05pm EDT 

Men's Wearhouse Inc:Enters into agreement to acquire all outstanding shares of Jos. A. Bank.Total consideration of $1.8 bln or for $65.00 per share in cash.Transaction expected to close by third quarter of 2014.BofA Merrill Lynch and J.P. Morgan Securities LLC are serving as financial advisors to Men's Wearhouse.Willkie Farr & Gallagher LLP is serving as legal advisor.Goldman, Sachs & Co. and Financo, LLC are serving as financial advisors to Jos. A. Bank.Skadden, Arps, Slate, Meagher & Flom LLP and Guilfoil Petzall & Shoemake, L.L.C. are serving as its legal advisors.