1 Merger Happening Soon
In this video from Tuesday's edition of The Motley Fool's MarketFoolery, host Chris Hill and Fool analysts David Hanson and Morgan Housel take a deep dive into the market's hottest stories of the day.
Just last month, Jos. A. Bank offered to buy Men's Wearhouse for $2.3 billion, which MW immediately rejected. Today, however, Men's Wearhouse has come back with an offer to buy Jos. A. Bank instead, for $1.5 billion. Shares of both companies were up on the news, with shares of Jos. A. Bank rising even higher than where the buying price would value the company. Should investors be as excited about this deal as the market is? In this segment, David and Morgan discuss the two companies and whether they like the potential merger, and tell investors why Men's Wearhouse may look better as the acquirer than the acquiree.
The future of retail
To learn about two retailers with especially good prospects, take a look at The Motley Fool's special free report: "The Death of Wal-Mart: The Real Cash Kings Changing the Face of Retail." In it, you'll see how these two cash kings are able to consistently outperform and how they're planning to ride the waves of retail's changing tide. You can access it by clicking here.
The article 1 Merger Happening Soon originally appeared on Fool.com.
Chris Hill, David Hanson, Morgan Housel, and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.