Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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Jos. A. Bank (NASDAQ: JOSB) sent a letter to Men's Wearhouse (NYSE: MW) CEO Doug Ewert Sunday, reiterating that Men's Wearhouse's $57.50 per share offer, undervalues Jos A Bank and that there was "no benefit in commencing negotiations with Men's Wearhouse." Men's Wearhouse made that offer on January 6, after a previous offer of $55.00 per share offer was rejected. On January 30, Men's Wearhouse asked Jos. A. Ban to reconsider the most recent offer with the possibility of increasing it if certain conditions were met.In a separate report, Jos. A. Bank is said to be in talks with Eddie Bauer to acquire the clothing chain, according to reports from several sources, including Reuters and the Wall Street Journal.Men's Wearhouse closed Friday at $48.04, a gain of 2%, while Jos. A. Bank gained almost 1%, closing at $56.22.
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A report from Reuters Friday said Charter Communications (NASDAQ: CHTR) is considering raising its bid for Time Warner Cable (NYSE: TWC) to the low $140's per share, according to sources. Time Warner Cable rejected Charter's previous offer of $132.50 on January 13, indicating it was looking for a deal consisting of $100 per share in cash and $60 per share in Charter common stock. The new offer being discussed is reportedly $142.50.Time Warner Cable closed Friday at $133.27, a loss of $0.93, while Charter Communications lost more than 1%, closing at $137.00.3M Invests in Chile's Lixivia; Terms Not DisclosedThe Deal:
3M's (NYSE: MMM) New Ventures Business, has invested in Chile's Lixivia. Terms of the transaction were not disclosed. 3M has been working with Lixivia on an engineering process to increase recuperation of copper sulfurate above levels reached through standard industry applications.3M closed Friday at $128.19, a gain of $0.14
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.