POSTED: Tuesday, February 4, 2014 - 7:00am
UPDATED: Tuesday, February 4, 2014 - 7:14am
Antitrust issues a risk for menswear merger battle
Houston — The Houston Chronicle is reporting; Jos. A. Bank raised doubts Sunday about whether the federal government will approve the takeover bid by rival clothier Men's Wearhouse.
Jos. A. Bank Clothiers said that Men's Wearhouse had yet to explain why the Federal Trade Commission would approve the proposed combination because of antitrust concerns.