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Aeropostale, Forever 21 Owner Authentic Brands Exploring IPO: What Investors Should Know
Tuesday, May 25, 2021 - 1:02pm | 477The owner of several retail brands and a licensing business could hit the public markets with a $10 billion IPO being explored for 2021. What Happened: Authentic Brands is the owner of Aeropostale, Brooks Brothers, Juicy Couture, Forever 21, Barneys New York, Airwalk, Frederick’s of...
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Men's Wearhouse To Acquire Jos. A Bank, Ending Months-Long Feud
Tuesday, March 11, 2014 - 1:47pm | 585It appears that, after months of posturing and an on-going war of words, Men's Wearhouse (NYSE: MW) and Jos. A Bank Clothiers (NASDAQ: JOSB) have announced a deal. In a joint press release issued Tuesday, Men's Wearhouse said it will acquire Jos. A. Bank for for $65.00 per share in cash, or...
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Market Wrap For February 24: Markets Showing Strength To Start The Week
Monday, February 24, 2014 - 5:46pm | 3826U.S. stocks rose as investors as the S&P 500 traded at new historical highs and clearing its 2014 losses. Investors shrugged off disappointing earning reports and economic data and chose to focus on several prominent merger and acquisition activities. The S&P 500 hit a new intra-day...
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Market Wrap For February 14: Markets End The Week Positive
Friday, February 14, 2014 - 5:50pm | 2701U.S. stocks rose on Friday as investors were able to overlook some disappointing economic data as a result of cold weather. Major indices showed signs of strength today as the Nasdaq continues to inch towards historical all time highs of 5,135.52 recorded on March 10,2000. Today, the index hit...
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Did Joseph A. Bank Just Choose Eddie Bauer Over Men's Wearhouse?
Friday, February 14, 2014 - 5:18pm | 779Joseph. A. Bank's (NASDAQ: JOSB) seemingly never ending saga with Men's Wearhouse (NYSE: MW) took an interesting turn on Friday. Jos. A. Bank has agreed to acquire Everest Holdings, the parent company of Eddie Bauer, in a cash and stock deal valued at $825 million. Under the terms of the deal...
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Jos. A. Bank To Purchase Eddie Bauer: The Drama Continues
Friday, February 14, 2014 - 8:53am | 591Jos. A. Bank (NASDAQ: JOSB) announced Friday morning that it will purchase clothing retailer Eddie Bauer for $825 million in a cash and stock deal. Private equity firm Golden Gate Capital, which owns Eddie Bauer, will become a significant Jos. A. Bank shareholder and the acquisition will...