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 (747) | 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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