Seeking Alpha

Jos. A. Bank and Eminence Capital tussle in court

  • The mudslinging between Jos. A. Bank (JOSB) and activist investor Eminence Capital got worse this week with new lawsuits filed each way.
  • Lawyers for Jos. A. Bank questioned in a filing the timing of stock purchases made by Eminence Capital right before the company announced it would try to buy Men's Wearhouse (MW).
  • In a separate suit, Eminence is trying to block efforts by Jos. A. Bank to purchase another company - a transaction which would leave its powder keg dry.
Comments (1)
  • thesahibzada
    , contributor
    Comments (722) | Send Message
     
    ha interesting. Lets see how this plays out next week.

     

    I didn't realize a biz clothing company can be so attractive....
    19 Jan 2014, 01:48 AM Reply Like
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