A men's clothing retail chain, Jos. A. Bank Clothiers, Inc. made a bid to get its industry rival, the Men's Wearhouse. The Men's Wearhouse not only rebuffed the bid but turned around and made a counter bid to acquire Jos. A. Bank. Initially, Jos. A. Bank merely rejected the offer as inadequate but later made an offer to buy Eddie Bauer, a chain selling outdoor apparel, to make itself an unattractive target for the Men's Wearhousea chain selling outdoor apparel, to make itself an unattractive target for the Men's Wearhouse.
Jos. A. Bank Clothiers, Inc The Men’s Wearhouse Bid Case Study Solution
Surrounding this takeover scene were a host of other actors, including Beacon Light Capital, a hedge fund that called for critical governance changes at Jos. A. Bank, and a second hedge fund, Eminence Capital, that owned stock in both Jos. A. Bank and the Men's Wearhouse, and had filed a suit against Jos. A. Bank to push for the deal to go through. The chairman of Jos. A. Bank's board was faced with a critical decision regarding the acquisition offer from the Men's Wearhouse and his own business's offer to purchase Eddie Bauer.
PUBLICATION DATE: July 25, 2014 PRODUCT #: W14305-PDF-ENG
This is just an excerpt. This case is about STRATEGY & EXECUTION
Related Case Solutions & Analyses:
Firestone Ford Tire Controversy (A)
Nick Fiore: Healer or Hitman (A)
LG Group: Developing Tomorrows Global Leaders
Making the Grade (A)
Boehringer Ingelheim: Leading Innovation
Leadership Tips for Today to Stay in the Game Tomorrow: The Ambidextrous Leader
Brentwood Associates: Exiting Zoës Kitchen
Emotional Cues That Work Magic on Customers
Why Everything You Think You Know About Growth Is Probably Wrong
Doug Cook: Acquiring a Business (A)
