Belus Capital Advisors’ Brian Sozzi lists his 3 reasons why the Jos A Bank and Men’s Wearhouse merger will go through. First, the companies can lower prices to gain new consumers, inciting a U.S. suit war versus department stores like Macy’s and Bloomingdale’s. Second, the business is very low margin and the two companies can work together to cut costs and expenses. Finally, a combined company could take the business overseas. However, there is one company that will lose out – Eddie Bauer.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
