Benzinga's M&A Chatter for Thursday October 31, 2013

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday October 31, 2013:
Jos A Bank Gives Men's Wearhouse Board Option of 'Good Faith' Talks Until November 14The Ultimatum
:

Shares of Men's Wearhouse
MW
initially spiked above $45.00 on Thursday and then fell sharply as Jos. A. Bank
JOSB
said it was considering raising its original $48 offer for its competitor, if Jos. A. Bank is given the opportunity to conduct limited due diligence in order to determine that such an increase would be justified. The announcement was made in a letter to Men's Wearhouse CEO Douglas Ewert. The letter states that Men's Wearhouse must engage in good faith discussions by Thursday, November 14, 2013, the proposal will be terminated. The
NY Post
reported later that Jos. A. Bank would not undetake a hostile bid for Men's Wearhouse. Men's Wearhouse closed Thursday at $42.35, a loss of 3%, while Jos. A. Bank lost almost 4%, closing at $47.94.
Report AT&T Exploring Bid for VodafoneThe Rumor
:

Shares of Vodafone
VOD
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spiked higher Thursday on a report from
Bloomberg
that AT&T
T
is considering a bid to takeover the UK telecommunications company as early as 2014. Sources say the two companies have not entered formal negotiations, but AT&T is actively putting together a deal. A spokesperson for AT&T declined comment on the report. A Vodafone spokesperson was not available. Vodafone closed Thursday at $36.85, a gain of 1.5% on more than twice average volume.
Thor Acquires Bison Coach for $16.7MThe Deal
:

Thor Industries
THO
announced Thursdasy that, through a wholly-owned subsidiary, it has acquired the net assets of specialty trailer manufacturer Bison Coach from an operating unit of Navistar
NAV
for approximately $16.7 million in cash. Thor Industries closed Thursday at $58.01, a loss of $0.10.
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