-
Overstock to appeal court ruling on comparison price advertising
Overstock.com is starting 2014 with plans to appeal the tentative ruling of a California trial court prohibiting it from comparison price advertising unless done in conformity with new court-mandated practices which, according to the online retailer, diverge widely from industry standards.
-
Jos A Bank lowers 'poison pill' trigger from 20% to 10%
Hampstead, Md. -- Preparing for a potential fight against Men’s Wearhouse’s unsolicited acquisition bid, Jos. A. Bank Clothiers is ramping up its "poison pill" defense.
Jos. A. Bank said Friday that it is lowering its ownership threshold to 10% from 20%, which is the same ownership threshold as Men's Wearhouse's shareholder rights plan.
Such a plan typically allows existing shareholders to acquire more stock at a discounted rate to ward off the investor collecting a big stake.