Does Men’s Wearhouse benefit from a merger with Joseph A. Bank?

670 Words2 Pages

Does Men’s Wearhouse benefit from a Merger with Joseph A. Bank? Theoretical Framework  I am interest in the study of this topic because I am curious about the financial effects of such a merger.  The company needs to know what their best choice is moving forward.  Financially both companies involved should see the pros and cons of such a merger.  The shareholders in each company should know which acquisition benefits them more. Methodology  Decision Tree  SWOT Analysis  Lewin’s force field Analysis Anticipated Difficulties By being rational I don’t plan to have any difficulties. Due to the nature of my project and stature it is highly unlikely I will get a Primary Source for this assignment. Other information should be relatively easy to get from online sources. Financial information should be especially easy because both companies involved are required to report information as members of the New York Stock Exchange. Introduction Men’s Wearhouse was founded by George Zimmer in 1973 as a clothing store for “the common man.” In a famous advertising campaign throughout the 1980’s and 90’s Zimmer was seen saying “You’re going to like the way you look; I guarantee it.” Throughout its history it was become a more formal store specializing in black tie formal wear such as suits and tuxedos. Today they continue to sell men’s suits, tuxedos and accessories such as belts, ties, and shoes. In October Joseph A. Bank, their main competitor, made a buyout offer at 48$ a share, an offer Men’s Wearhouse swiftly rejected and ignored. Men’s Wearhouse has since offered a buyout offer to Joseph A. Bank that has also been rejected. This situation has led me to the question: Does Men’s Wearhouse benefit from a merger with Joseph A.... ... middle of paper ... ...es each want to retain power over their respective companies Works Cited Associated Press. "Retail Bid Fails: Jos. A. Bank Pulls Offer For Men's Wearhouse." TheLedger.com. Ledger Media Group, 15 Nov. 2013. Web. 12 Dec. 2013. Mirabella, Lorrainw. "Men's Wearhouse Shuns Acquisition Offer from Jos. A. Bank Clothiers." Baltimoresun.com. N.p., 09 Oct. 2013. Web. 15 Dec. 2013. Rupp, Lindsey, David Welch, and Matt Townsend. "Men's Wearhouse Takes on New Look as Hunter Not Target." Bloomberg.com. Bloomberg, 27 Nov. 2013. Web. 15 Dec. 2013. Seward, Christopher. "Men's Wearhouse Founder Zimmer Still Smarting, Says Merger with Jos. A. Bank Will Happen ." AJC.com. Atlanta Journal Constitution, 09 Dec. 2013. Web. 12 Dec. 2013. Shrivastava, Aditi. "Men's Wearhouse Turns Tables with Bid for Jos. A. Bank." Reuters. Thomson Reuters, 26 Nov. 2013. Web. 12 Dec. 2013.

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