acquisition proposal

Foxconn Technology Offers to Buy Sharp Corporation for $5.1B

Foxconn Technology (TPE:2354) submitted a proposal to acquire Sharp Corporation (TYO:6754) (OTCMKTS:SHCAF), the struggling Japanese electronics company, for ¥600 million or $5.1 billion, according to Bloomberg based on information from a source familiar with...

Jos. A. Bank Ditches Offer to Buy Men’s Wearhouse, Seeks Other Options

Jos. A. Bank Clothiers (NASDAQ:JOSB) decided to abandon its proposal to acquire its competitor Men’s Wearhouse (NYSE:MW) for $48 per share in cash. Robert Wildrick, chairman of the board of Jos. A. Bank explained that...

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