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Apparel Stores M&A image Apparel Stores M&A » By The Online Investor Staff, updated Thu., Apr. 22, 1:20 PM Recent mergers and acquisitions in the Apparel Stores M&A category.

Slide #5. Men's Wearhouse Jos. A. Bank Clothiers

Acquirer: Men's Wearhouse (MW)
Acquiree: Jos. A. Bank Clothiers (JOSB)
Details: The Men's Wearhouse (NYSE: MW) today announced that it has proposed to acquire all of the outstanding shares of Jos. A. Bank Clothiers (Nasdaq: JOSB) common stock for $55.00 per share in cash, representing an implied enterprise value of approximately $1.2 billion.

The Men's Wearhouse is a retailer of men's suits and a provider of tuxedo rental products in the U.S. and Canada. Co.'s U.S. retail stores operate under the brand names of Men's Wearhouse, Men's Wearhouse and Tux, Jos. A. Bank and K&G. Co.'s Canadian stores operate under the brand name of Moores Clothing for Men. Co. also conducts retail dry cleaning, laundry and heirlooming operations through MW Cleaners. Additionally, Co. operates two corporate apparel providers, its U.K.-based operations, and its Twin Hill operations in the U.S. These operations provide corporate clothing uniforms and workwear to workforces. Co. has two reportable segments: retail and corporate apparel.

Open the MW Page at The Online Investor »

The Men's Wearhouse is a retailer of men's suits and a provider of tuxedo rental products in the U.S. and Canada. Co.'s U.S. retail stores operate under the brand names of Men's Wearhouse, Men's Wearhouse and Tux, Jos. A. Bank and K&G. Co.'s Canadian stores operate under the brand name of Moores Clothing for Men. Co. also conducts retail dry cleaning, laundry and heirlooming operations through MW Cleaners. Additionally, Co. operates two corporate apparel providers, its U.K.-based operations, and its Twin Hill operations in the U.S. These operations provide corporate clothing uniforms and workwear to workforces. Co. has two reportable segments: retail and corporate apparel.

Open the JOSB Page at The Online Investor »

Company Name: 
Men's Wearhouse, Inc. (The)
Stock buyback: 
MW buyback
Website: 
www.menswearhouse.com
Sector: 
Apparel Stores
Company Name: 
Jos. A. Bank Clothiers, Inc.
Stock buyback: 
JOSB buyback
Website: 
www.josbank.com
Sector: 
Apparel Stores
 

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