NY Fund Backs Men's Wearhouse's $1.6B Jos. A. Bank Buyout

Law360, New York (January 13, 2014, 12:59 PM EST) -- The New York hedge fund that has pressed Men's Wearhouse Inc. to merge with rival Jos. A. Bank Clothiers Inc. on Monday provided valuable support for a $1.6 billion hostile takeover campaign that Men's Wearhouse launched last week and filed a suit against the target company.

Support from Eminence Capital, which holds a commanding 10 percent of Men's Wearhouse stock, is a blow to any Jos. A. Bank effort to flip the tables on its former target to pursue a merger plan of its own. For...
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