The Men's Wearhouse announced that its wholly owned subsidiary, Java Corp. ("Purchaser"), has waived the "Marketing Period Condition" described in the Offer to Purchase, as amended, in connection with the previously announced all-cash tender offer for $65.00 per share for all of the currently outstanding shares of common stock (including associated stock purchase rights) of Jos. A. Bank Clothiers, Inc. All other terms and conditions of the tender offer remain unchanged.
The Men's Wearhouse also announced that it has moved up the expiration date of the tender offer to 12:00 midnight, New York City time on Tuesday, June 17, 2014. The tender offer was previously set to expire at 5:00 p.m. New York City time on June 19, 2014.
BofA Merrill Lynch and J.P. Morgan Securities LLC are acting as financial advisors to Men's Wearhouse, and Willkie Farr & Gallagher LLP is serving as legal advisor.
About Men's Wearhouse
Founded in 1973, Men's Wearhouse is one of North America's largest specialty retailers of men's apparel with 1,128 stores. The Men's Wearhouse, Moores and K&G stores carry a full selection of suits, sport coats, furnishings and accessories in exclusive and non-exclusive merchandise brands and Men's Wearhouse and Tux stores carry a limited selection. Most K&G stores carry a full selection of women's apparel. Tuxedo rentals are available in the Men's Wearhouse, Moores and Men's Wearhouse and Tux stores.