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Transcripts For BLOOMBERG In The Loop With Betty Liu 20140214

And after the comcast time warner deal yesterday another merger has just been announced. A purchase. Joseph a bank will buy the eddie bauer brand. The deal comes after joseph a bank flirted with a merger with mens wearhouse. Why are we so obsessed with using the word merger . I think joseph a banks i think i want to flirt with that. Cristina alesci is here now. You talk about mens wearhouse, joseph a bank. Forust to make clear viewers what i am talking about, because it is part of the bloomberg way, there is no such thing as a merger. It is one the company acquiring another. Was it a good purchase . No, investors are reacting pretty negatively. Shares in the premarket were dropping for joseph a bank. It looks a little bit confusing. Bankmonths ago joseph a made an aggressive quasioffer. Now they are going into a completely different business, the casual down market. I didnt know eddie bauer still existed. It was not a publicly traded company. They got the listed when it was taken priva

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