14 January 2014 - US hedge fund Eminence Capital LLC, a minority shareholder in both The Men's Wearhouse
Inc (NYSE:MW) and its takeover target Jos A Bank Clothiers Inc (NASDAQ:JOSB), said today it will nominate two independent directors at the 2014 annual meeting of Jos' investors.
M2 EQUITYBITES-January 13, 2014-Jos investor plans to back takeover by Men's Wearhouse
M2 EQUITYBITES-January 13, 2014-Eminence supports acquisition of Jos by Men's Wearhouse
The Men's Wearhouse
founder, who was fired by the board of the company in 2013, is apparently working on two men's clothing start-ups (what else?
US-based menswear retailer The Men's Wearhouse
(NYSE: MW) will implement a holding company structure effective 31 January, the company said.
M2 EQUITYBITES-January 29, 2016-US Retailer Men's Wearhouse
to Implement Holding Company Structure
The two firms, board of directors have unanimously sanctioned the transaction and it is noted that together, Men's Wearhouse
said it may even raise the bid further, to $65 per share, if it is able to examine Jos.