Now that Jos. A. Bank Clothiers Inc. has said it will acquire Eddie Bauer in a cash-and-stock deal valued at $825 million, shareholders wishing for a merger of Jos. A. Bank and The Men’s Wearhouse Inc. are wondering what Men’s Wearhouse’s next move will be.
That’s because even though Jos. A. Bank left open the door to end its acquisition of Eddie Bauer, whomever chooses to bid for Jos. A. Bank now has to pay a termination fee of 3 percent, or an additional $48 million, on top of the $1.61 billion offer on the table from Men’s Wearhouse.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)