Menswear seller Jos. A. Bank is buying Eddie Bauer. If you're keeping score at home, last year, Jos. A. Bank tried to buy Men's Wearhouse. Then Men's Wearhouse said no, we wanna buy you. Now Jos. A. Bank is buying Eddie Bauer, in part to make it harder for Men's Wearhouse to buy Joseph A Bank.
Harvard Law and Business professor Guhan Subramanian joins Marketplace's Mark Garrison to explain.