Men's Wearhouse-Moores marriage stitched back together
Article Abstract:
Men's Wearhouse Inc., a Fremont, CA-based firm, has decided to resume merger talks with Moores Retail Group Inc. of Montreal, Quebec, by agreeing to combine its operations with the latter via a stock deal valued at a maximum of $69 million. The two firms decided to terminate their $72-million merger deal in October 1998 due to a volatile stock market. Under the new deal, Men's Wearhouse is expected to takeover operations of Moores Retail by issuing 2.5 million to 2.75 million shares and assuming debt of approximately C$90 million.
Comment:
Resumes talks w/ Men's Wearhouse, agreeing to merge w/ latter via stock deal valued at a maximum of $69 million
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
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Pattison believed in talks for Secord
Article Abstract:
Laura Secord Inc., which is a chocolates store chain, may be acquired by Vancouver, BC-based Jim Pattison Group. Industry analysts said that Laura Secord, which is owned by Chicago, Ill.-based Archibald Candy Corp., may also get bids from Ganong Brothers Ltd.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003
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U.S. parent bids for Sears Canada
Article Abstract:
The plans of Sears Holdings Corp. to acquire Sears Canada Inc., for $834.5 million, are presented.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2005
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