Men's Wearhouse plans to acquire Jos. A. Bank for $1.8 billion, the companies announced Tuesday, a deal that creates a heavyweight in men's retail and likely concludes a lively takeover saga. Men's Wearhouse, the larger of the two chains, agreed to pay $65 per share for Jos. A. Bank made an unsolicited offer for Men's Wearhouse.
KABUL, Afghanistan (AP) — A Swedish journalist was shot to death while he was out reporting in an affluent and well-guarded area in Kabul Tuesday, highlighting fears of rising violence ahead of a crucial election to choose a new leader for the country.