Seeking Alpha

Men's Wearhouse pulls out Pac-Man defense

  • Men's Wearhouse (MW) turns the retail sector on its head by offering to buy out Jos. A Bank after rejecting several overtures to be the target itself.
  • The Pac-man defense from the company wasn't on the radar of too many analysts.
  • Things could get even more interesting with activist investor Eminence Capital already out drumming up support with other hedge funds to bully the board at Men's Wearhouse.
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