The following video is from Friday's Investor Beat, in which host Chris Hill, and Motley Fool analysts Ron Gross and Charly Travers, dissect the hardest-hitting investing stories of the day.
This week saw an unsolicited buyout offer coming from Jos. A. Bank (NASDAQ:JOSB) for Men's Wearhouse (NYSE:TLRD), which was rejected, but which still has MW shares up around 30% for the week. In this segment, Ron and Charly discuss how this may pave the way for an acquisition eventually down the road, and more broadly, they look at the difficulties of apparel retail as a business, and whether more consolidations like this may be on the horizon.
Charly Travers has no position in any stocks mentioned. Chris Hill has no position in any stocks mentioned. Ron Gross has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.