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Is The Volatile Jos. A. Bank / Men's Wearhouse Saga Coming To An End?

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Mark Melin
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The hostile on again, off again relationship between Jos. A. Bank Clothiers Inc (NASDAQ:JOSB) and The Men's Wearhouse, Inc. (NYSE:MW) may be coming to a conclusion.

Is The Volatile Jos. A. Bank / Men's Wearhouse Saga Coming To An End?

Jos. A. Bank Clothiers Inc (NASDAQ:JOSB), which yesterday flatly rejected an offer from Men’s Wearhouse of $63.50 per share and was in the process of courting Eddie Bauer, may be open to The Men's Wearhouse, Inc. (NYSE:MW) advances after all.

Holding out for higher price

In a press statement, the men’s clothing company said it...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.