Time to Buy Men's Wearhouse?
On Tuesday's edition of Investor Beat, host Chris Hill and Fool analysts Matt Koppenheffer and David Hanson take a hard-hitting look at today's biggest investing news.
Last month, Joseph A. Bank offered to buy rival Men's Wearhouse for $2.3 billion. Men's Wearhouse immediately rejected the offer but today turned the tables and made an offer to buy out Joseph A. Bank for $1.5 billion. Both stocks were up on the news. Is now the time for investors to get in on Men's Wearhouse? In the lead story on today's Investor Beat, Matt and David look at why the deal makes sense, and whether they would want to be a shareholder of the new merged company.
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The article Time to Buy Men's Wearhouse? originally appeared on Fool.com.Chris Hill, David Hanson, Matt Koppenheffer, 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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