Men’s Wearhouse may try one of the country’s bigger upscale shoemakers on for size.
|Allen Edmonds Park Avenue|
It isn’t clear whether a deal for Allen Edmonds, which is privately held, would have a significant effect on Jos. A. Bank’s offer. A purchase of the shoemaker would most likely be in the low hundreds of millions of dollars, these people said. Jos. A. Bank has already offered $2.3 billion for Men’s Wearhouse and may have to bid more.
So far, Men’s Wearhouse has rebuffed its unwanted suitor, and the two haven’t had discussions in several weeks. Jos. A. Bank hasn’t indicated yet whether it will go fully hostile, though people close to the company have said that it is considering all options.
read more at: http://dealbook.nytimes.com/2013/10/22/mens-wearhouse-said-to-weigh-bid-for-allen-edmonds/?_r=2&