The FTC Gives a “Quick Look” to a Merger

The  fearless protectors of consumers at the Federal Trade Commission finally approved the takeover  of men’s clothier Jos. A. Bank by Men’s Wearhouse last week. According  to the terms of the agreement concluded way back  on March 11, Men’s Wearhouse will pay $65.00 per share and a total of $1.8 billion for its smaller rival.  The merger will result in the fourth largest men’s apparel retailer in the U.S.