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Slide #2. Jos. A. Bank Clothiers, Inc. — Eddie Bauer
Jos. A. Bank Clothiers, Inc. (JOSB)
Jos. A. Bank Clothiers, Inc. (Nasdaq:JOSB) ("Jos. A. Bank" or the "Company") and Golden Gate Capital ("Golden Gate") today announced that Jos. A. Bank has entered into a definitive agreement with Everest Topco LLC ("Everest Topco"), a portfolio company of Golden Gate, under which Jos. A. Bank will acquire Everest Holdings LLC ("Everest"), parent company of the Eddie Bauer brand.
Jos. A. Bank Clothiers is a designer, manufacturer, retailer and direct marketer of men's tailored and casual clothing and accessories and is a retailer of tuxedo rental products. Co.'s products include suits, tuxedos, dress shirts, sportcoats, dress pants, overcoats, vests, ties, sportswear, sweaters, belts and braces, socks and underwear, among other items. As of Feb 2 2013, Co. sold substantially all of its products under the Jos. A. Bank label through 602 retail stores located throughout 44 states and the District of Columbia in the U.S., as well as through its catalog call center and Internet (www.josbank.com) operations. Co. has two reportable segments: Stores and Direct Marketing.
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Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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