Men's Wearhouse stitches up deal to buy Jos. A. Bank


Credit: Reuters/Carlo Allegri/Files


1 of 2. A sign for clothing retailer Jos. A. Bank is pictured in the Manhattan borough of New York in this file photo taken February 14, 2014.


The increased offer price of $65 per share represents a premium of 5.1 percent to Jos. A. Bank's Monday closing price.


(This story has been refiled to make correction in paragraph 2 to say the offer is at a premium of 5.1 percent, not 1.3 percent)


(Reporting by Siddharth Cavale in Bangalore; Editing by Saumyadeb Chakrabarty)


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