Wash. Rinse. Repeat. We’re not talking about shampoo, we’re talking about the never-ending will-they or won’t-they saga of Men’s Wearhouse and Jos. A. Bank.
In the latest saga of the long-lasting battle between Men’s Wearhouse and Jos. A. Bank, Men’s Wearhouse is urgings Jos. A. Bank independent directors to form a special committee to reconsider Men’s Wearhouse’s offer and begin constructive negotiations.
Here’s the letter, via PRNewswire:
Urges Jos. A. Bank Independent Directors to Form a Special Committee to Re-Consider Men’s Wearhouse Offer and Begin Constructive Negotiations Men’s Wearhouse is Prepared to Increase Offer Price if Additional Value is Discovered Through Discussions or…