Men's Wearhouse Open To $2B Rival Tie-Up, Hedge Fund Says

Law360, New York (November 12, 2013, 3:11 PM EST) -- Activist hedge fund Eminence Capital LLC said Tuesday that Houston-based Men's Wearhouse Inc. would review all its strategic options, including a proposed $2.3 billion private equity-backed merger bid from smaller rival Jos. A. Bank Clothiers Inc. that the retailer has so far rebuffed.

New York-based Eminence made public a letter it had written to Men's Wearhouse CEO Doug Ewert that ramps up pressure on the Texas company to seriously consider the prospect of a merger before the Thursday deadline that Jos. A. Bank has set for...
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