Stifel analysts run the numbers to see how Men's Wearhouse investors would benefit if its bid for Jos. A. Bank was accepted.
The Men’s Wearhouse, Inc. ( MW) turned the tables on Jos. A. Bank Clothiers Inc ( JOSB) on Tuesday by offering to acquire the company. Analysts at Stifel say the likelihood of the offer being accepted is very high and that there are plenty of benefits for Men’s Wearhouse investors if the deal should go through. However, they have kept their Hold rating on the company.