from Chicago Tribune
Wednesday, Nov 26, 2014
Quincy, IL News - QuincyJournal.com
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Men's Wearhouse gets FTC nod to sew up Jos. A. Bank deal

Recent Comments

migraine_in_qcy - Jail Committee to draft ¼ per cent sales tax ballot resolution - Quincy, IL News - QuincyJour
Make it big enough to house all our criminals instead of releasing and re-arresting them. It's probably cheaper to keep them in a jail than what it costs to support them while they're out committing more crimes.
migraine_in_qcy - Jail Committee to draft ¼ per cent sales tax ballot resolution - Quincy, IL News - QuincyJour
I love the thumbs-down without a dissenting comment. "I disagree completely with what you just said, but I have no idea why and can't formulate an argument in response!"
migraine_in_qcy - Jail Committee to draft ¼ per cent sales tax ballot resolution - Quincy, IL News - QuincyJour
Gee, why not round it up up 10%, easier yet to calculate how much money is being taken to be pissed away by our "leaders".
1950Brutus - REBEL MEDIA: Dick is here to make it all better - Quincy, IL News - QuincyJournal.com
Nothing here suggested to me that he wants to change "majority rules". But majority rules doesn't preclude "minority complaining". Even though it may be "getting old" to you it won't be changing anytime in the near future. Dem bashing is one of my favorite past times - so much material to work with.
jannie122 - Jail Committee to draft ¼ per cent sales tax ballot resolution - Quincy, IL News - QuincyJour
I really don't care - since I think the sales tax in total is 7-3/4 --- I often wonder where that 3/4 of a cent goes :) would at least make it 8% and easier to figure.

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Men's Wearhouse raises offer for Jos. A. Bank

9 months ago from Chicago Tribune

From from Chicago Tribune:

Men's Wearhouse Inc. raised its offer for Jos. A. Bank Clothiers Inc. by more than 10 percent, nearly two weeks after its smaller rival looked to fend off the unsolicited bid by agreeing to acquire Eddie Bauer.

Men's Wearhouse raised its cash tender offer to Jos. A. Bank shareholders to $63.50 per share, from $57.50, and added it could increase the offer to $65.00 if it was able to conduct limited due diligence.

Jos. A. Bank shares rose as much as 13.4 percent to $62.45 in premarket trading, while Men's Wearhouse stock rose as much as 7.7 percent to $48.59.

Men's Wearhouse said the amended offer is conditional on the termination of Jos. A. Bank's agreement to acquire outdoor clothing retailer Eddie Bauer.

Men's Wearhouse also said it had filed a lawsuit in the Delaware Chancery Court alleging that the Jos. A. Bank board breached its fiduciary duties to shareholders by adopting measures to “thwart” Men's Wearhouse's tender offer.

Under the lawsuit, Men's Wearhouse said it seeks to prevent Jos. A. Bank from proceeding with the Eddie Bauer acquisition and wants the Jos. A. Bank board to revoke its poison pill.

Jos. A. Bank was not immediately available for comment.

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