Jos. A. Bank Rejects Men’s Wearhouse Offer

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Jos. A. Bank has rejected the latest takeover offer from Men’s Wearhouse. The $1.6 billion or $57.50 per share offer, which Men’s Wearhouse said was a 52 percent premium over the retailer’s unaffected enterprise value and a 38 percent premium over its October 8 share price, was made on January …