Is Men's Wearhouse About to Be Bought Out?
Shares of Men's Wearhouse rose more than 25% today after the company got an acquisition offer from competitor Jos. A Bank . The offer was a 36% premium to Men's Wearhouse's closing price yesterday, yet the company has apparently declined the offer. According to Motley Fool analyst David "Infant Money" Hanson, management at Men's Wearhouse believes the business is worth more than that in the long term.
So what's a shareholder to do? David shares his thoughts in the following video.
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The article Is Men's Wearhouse About to Be Bought Out? originally appeared on Fool.com.David Hanson, Fool contributor Mark Reeth, 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.
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