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Jos. A. Bank Spurns Sweetened $1.6B Men's Wearhouse Bid

By Karlee Weinmann ( January 17, 2014, 5:01 PM EST) -- Jos. A. Bank Clothiers Inc. on Friday blasted a $1.6 billion merger proposal from California- and Texas-based rival Men's Wearhouse Inc. as inadequate despite mounting pressure from the would-be buyer and an activist investor to pursue the deal or face a proxy fight....

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