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Fashion

Men's Wearhouse to obtain Jos. A. Bank for 1.8 billion dollars

A deal has finally be made, after months of bidding and counter bidding between The Men's Wearhouse and Jos. A. Bank Clothiers Inc. On Tuesday the two firms came to an definitive agreement which Men's Wearhouse would acquire Jos. A. Bank for 65 dollars per share in cash, which equals to 1.8 billion dollars. Both boards of directors from the two...

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