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Men's Wearhouse Inc.
Men's Wearhouse raises offer to buy rival Jos. A. Bank
Men's Wearhouse raises offer to buy rival Jos. A. Bank

Men's Wearhouse does not want to take "no" for an answer.  The Fremont, Calif.-based retailer on Monday raised its offer to purchase rival Jos. A. Bank Clothiers Inc. to $63.50 a share, up from $57.50, and has also sued to prevent Jos. A. Bank's planned acquisition of retailer Eddie Bauer Holdings Inc.  The newly issued offer is good through March 12 and could potentially be raised to $65 a share after further "limited due diligence," Men's Wearhouse said.  "Men's Wearhouse strongly encourages Jos. A. Bank shareholders to tender their shares by the ... March 12 expiration date to demonstrate support for a negotiated...

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