Jos. A Bank Buying Eddie Bauer For $825 Million
Cash and stock
Jos. A. Bank Clothiers Inc. is buying the parent company of Eddie Bauer in a cash-and-stock deal valued at $825 million.
The men's clothing company, which itself is being pursued by Men's Wearhouse Inc., made the deal with Everest Topco LLC to buy Everest Holdings LLC, Eddie Bauer's parent company.
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They're going to have to cut back on all those commerials during The Independents to afford it.