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L Brands names bank exec to board
Columbus, Ohio – L Brands has named Stephen D. Steinour to its board of directors. Steinour is chairman, president and CEO of Huntington Bancshares Inc., a $59 billion regional bank holding company headquartered in Columbus, Ohio.
"I am excited to welcome Steve to our board," said Leslie H. Wexner, chairman and CEO of L Brands. "I'm confident that his considerable expertise in business, finance and customer service will provide valuable insight and guidance to our company. We're extremely fortunate that he has joined our team." -
Men’s Wearhouse urges Jos. A. Bank to consider buyout, may raise offer
Fremont, Calif. -- The Men's Wearhouse has sent a letter to the independent directors of Jos. A. Bank Clothiers, Inc. urging them to consider Men's Wearhouse's recent all-cash offer to acquire Jos. A. Bank for $57.50 per share, or about $1.6 billion. Jos. A. Bank initially rejected the offer, which expires March 28, 2014, on Jan. 20.
