Mergers & Acquisitions
Mar. 13, 2014
Jos. A. Bank breaks deal with Eddie Bauer after Men's Wearhouse agreement
Last month, Jos. A. Bank announced plans to acquire Everest Holdings LLC, the parent company of the Eddie Bauer brand and a Golden Gate Capital portfolio company.
By Dominic Fracassa
Daily Journal Staff Writer
An $825 million deal between Jos. A. Bank Clothiers Inc. and private equity firm Golden Gate Capital dissolved Tuesday after the Hampstead, Md.-based clothing retailer announced its plans to sell to rival Men's Warehouse Inc. for $1.8 billion in cash.
Last month, Jos. A. Bank announced plans to acquire Everest Holdings LLC, the parent company of the Eddie Bauer brand and a Golden Gate portfolio company. But the ter...
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