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Saturday, September 20, 2014 - 1:11am

Men's Wearhouse boosts bid for Jos. A. Bank

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POSTED: Tuesday, January 7, 2014 - 7:00am

UPDATED: Tuesday, January 7, 2014 - 7:14am

Bank says $1.54 billion bid is too low

The Houston Chronicle is reporting; Men's Wearhouse is raising its offer for Jos. A. Bank Clothiers to about $1.61 billion and taking the bid directly to its rival's shareholders. It also plans to nominate two people to the Jos. A. Bank board.

To read more: http://www.chron.com/news/texas/article/Men-s-Wearhouse-boosts-bid-for-Jos-A-Bank-5117175.php?cmpid=hpbn

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