hostile takeovers


Men’s Wearhouse Raises Its Bid For Jos. A. Bank, Tells It To Ditch Eddie Bauer Deal

We’re not sure if this is some kind of awkward mating ritual or a true test of wills, but the back-and-forth between Men’s Wearhouse and Jos. A. Bank just keeps getting nuttier: Men’s Wearhouse wants Jos. A. Bank so bad, it’s upped the ante and raised its takeover bid by about $1.78 billion. But it’s also saying Jos. A. Bank has to dump its newest fling, Eddie Bauer. [More]

What Does "Hostile Takeover" Mean?

What Does "Hostile Takeover" Mean?

Does the phrase “hostile takeover” give you a mental picture of Vikings swarming into an office building and taking over by brute force? The term is in the news due to proposed takeovers of Cadbury and Barnes & Noble, but that’s not quite what the term means. Marketplace’s Paddy Hirsch and his trusty whiteboard explain.