Crossing the wires. It is official. Joseph a. Bank is acquiring eddie bower for more than 800 million in cash and stocks. Talks will be rooub roumored ea this morning. Joseph a. Bank does have the right to end that agreement if it receives an acquisition bid that et feels would create more shareholder value. Joesest a. Bank and menswearhouse have made bids in the last few months. Andrew, youve had some pretty strong thoughts about this move when it was first rumored that it might be happening. This is the talk to the hand because its nanny, nanny, nanny. Yeah. Craziness. We can talk about that more in just a moment. Weve got some frozennomics to talk about first. The unusually harsh winter will be trimming 0. 3 Percentage Points from gdp this quarter pulling q1s annualized growth rate down to 2. 2 . The weather has closed businesses. Its disrupted transportation supply chains and kept a lot of shoppers at home. Among the other drags on the economy, energy bills as consumers have to pay
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