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Here we go again with the Men’s Wearhouse and Jos. A. Bank Saga

Today is a bid from Men’s Wearhouse and tomorrow is a counter bid from Jos. A. Bank! Both retailers are engaged in a never ending takeover battle. They trade offers back and forth every other month. While today is the Men’s Wearhouse turn. Men’s Wearhouse’s tender offer today is $63.50 a share for Jos. A. Bank, an increase of $6 from the previous offer. If history is a guide to the future, then we are likely to see a counter offer from Jos. A. Bank to acquire Men’s Wearhouse. It seems like none of them wants to be the acquired.