USA Today: Men’s Wearhouse suits Jos. A. Bank to tune of $2.3B
October 9, 2013
While smaller than its target, Jos. A. Bank has higher profit margins and a bit more upscale clientele, says James Gellert, CEO of Rapid Ratings, an independent credit rating agency. Gellert says a merger would make sense – whether Banks winds up as a suitor or is acquired by Men’s Wearhouse.