Finance Professor: 'Interesting Twists' in Bank Dealings
February 17, 2014
Contact: University Relations
Steve Isberg, associate professor in the University of Baltimore's Merrick School of Business, tells The Baltimore Sun that the announcement of a plan by Jos. A. Bank to acquire competitor Eddie Bauer is one of a number of "interesting twists" in the company's ongoing efforts to position itself in the struggling men's clothier market.
The plan, announced late last week, follows several months of back-and-forth between Bank and another competitor, Men's Wearhouse, involving mergers, acquisitions and other proposed strategies for staying competitive.
Bank has "created some interesting twists for some of the institutional shareholders," Isberg said in The Sun.
Read the article.
Learn more about Prof. Isberg.