USING TELEVISION TO REACH HOLIDAY SHOPPERS
SWEETER DEAL?
Jos. A. Bank said it may up its previous bid for rival Men’s Wearhouse to $2.3 billion. The men’s apparel retailer also said it would withdraw the offer on Nov. 14 if Men’s Wearhouse declined to engage in talks. Due diligence would be required to determine whether it would be feasible to raise the offer from the current $48 per share, Jos. A. Bank Chairman Robert Wildrick said in his letter to Men’s Wearhouse CEO Douglas Ewert. (New York Times, Nov. 1).
FWM
Wonder what the ousted CEO thinks about this?