Men's Wearhouse pulls out Pac-Man defense

|By:, SA News Editor

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.