By and and and  on February 24, 2014

The Men’s Wearhouse Inc. just won’t give up on Jos. A. Bank Clothiers Inc. — and is now willing to pay up to $1.8 billion for it.

On Monday morning, the California-based retailer increased its cash tender offer for its archrival to $63.50 a share, from $57.50, and said it was prepared to boost its bid to $65 a share if Jos. A. Bank agrees to terminate its agreement to acquire Eddie Bauer.

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