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Jos. A. Bank to buy Eddie Bauer for $825M in cash and stock

 Jos. A. Bank has agreed to acquire apparel brand Eddie Bauer from private-equity firm Golden Gate Capital in a cash and stock deal valued at $825 million, the companies said. The deal comes amid ongoing efforts by Jos. A. Bank and Men’s Wearhouse to buy each other. Jos. A. Bank said the acquisition of Eddie Bauer, which operates about 370 stores in the United States and Canada, is a better deal for shareholders. Read the Bloomberg story here

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