Men's Wearhouse Backer Showcases Activists' M&A Role

Law360, New York (February 25, 2014, 7:04 PM EST) -- A hedge fund with sizable minority stakes in Men's Wearhouse Inc. and Jos. A. Bank Clothiers Inc. has leveraged its holdings to assert itself in the retailers' contentious merger battle, propping up a sweetened $1.7 billion offer from Men's Wearhouse this week and highlighting the rising profile of activists in major M&A plays.

New York-based Eminence Capital LLC has been a vocal proponent of the tie-up from virtually the beginning, when Jos. A. Bank in October lobbed a doomed $2.3 billion offer for Men's Wearhouse. Since...
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