Men's Wearhouse offered to buy Jos. A. Bank for $55 per share, less than two weeks after Jos. A. Bank dropped its bid to buy Men's Wearhouse. Regardless of which brand is the buyer, a merger makes sense as the traditional bricks-and-mortar suit sellers face competition from online menswear sellers including J. Hilburn and Indochino that avoid the overhead of physical stores, Kyle Stock writes.
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