Navigate this market better. Subscribe for FREE stock alerts and information.

Friday, February 14, 2014

Deals of the day- Mergers and acquisitions, (NYSE: MW)

The following bids, mergers, acquisitions and disposals were reported by 1500 GMT on Friday:** Men's clothing retailer Jos. A. Bank Clothiers Inc , the target of an unwelcome bid from rival Men's Wearhouse Inc, said it would purchase outdoor clothing retailer Eddie Bauer for $825 million in its latest effort to stay independent.

The Men's Wearhouse, Inc. is a specialty retailer of men's suits and a provider of tuxedo rental product in the United States and Canada. Shares of MW fell by 7.5% or $-3.49/share to $43.04. In the past year, the shares have traded as low as $27.47 and as high as $52.72. On average, 840560 shares of MW exchange hands on a given day and today's volume is recorded at 1802213.