Men's Wearhouse Finally Snags Rival, But Jos. A. Bank Is The Real Winner - Presented by: The Aol. On Network

The next time you’re looking to negotiate a deal, give the folks at Jos. A. Bank a call. After five months of back and forth, Jos. A. Bank agreed to be acquired byMen's Wearhouse in a deal worth $1.8 billion. Men’s Wearhouse will pay $65 per share in cash to purchase its smaller rival. The two companies have been playing hard to get with one another since October. That was when Jos. A. Bank made the first move and bid for its larger rival.

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