Activist Wants 2 Jos. A. Bank Board Seats Amid Buyout Push

Law360, New York (January 14, 2014, 11:06 AM EST) -- The New York hedge fund that threw its weight behind Men's Wearhouse Inc.'s proposed $1.6 billion hostile takeover of rival Jos. A. Bank Clothiers Inc. on Tuesday said it would nominate a pair of directors to the target company's board, intensifying its push for the deal.

Eminence Capital LLC, which holds a 4.9 percent stake in Jos. A. Bank, identified its picks only as “highly qualified, retail industry experts.” It said it would yank its nominees if a separate slate set forth by Texas- and California-based...
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