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SRS announces new associate
Dallas — SRS Real Estate Partners has hired Michael Straus as an associate in the Chicago office. Straus will focus on tenant and landlord representation as well as new business development.
He brings more than 15 years of managerial and sales experience to SRS. Prior to signing on with SRS, he worked for Student Transportation of America where he oversaw all aspects of operations and managed more than 1,100 employees across the Midwest. He managed sales and contract negotiations, lease renewals, development and acquisitions. -
Men’s Wearhouse ups bid for Jos. A. Bank bid to $1.8 billion
Houston - Men's Wearhouse has increased its purchase offer for Jos. A. Bank Clothiers Inc. to $63.50 per share, or about $1.78 billion, from $57.50 per share, or about $1.6 billion. The bid may increase to $65 a share, or about $1.82 billion, if Jos. A. Bank agrees to halt its planned acquisition of Eddie Bauer and lets Men’s Wearhouse conduct limited due diligence. On February 14, Jos. A. Bank agreed to buy Eddie Bauer for $825 million, but reserved the right to terminate the deal if a superior transaction emerged.