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US: Eminence says Jos A Banks' acquisition "poor decision"

2014-02-19 13:48:00| Daily apparel & textile news and comment - from just-style.com

Eminence Capital, a major shareholder in Jos A Bank Clothiers has said the apparel firm's acquisition of Eddie Bauer is a "poor strategic decision" and "destroys shareholder value".

Tags: decision poor banks acquisition

 

Eminence nominates 2 for Jos A Bank board

2014-01-21 20:01:41| Apparel - Topix.net

A minority shareholder of Jos. A. Bank has nominated two independent directors for the board of the men's clothing company which is being pursued by rival Men's Wearhouse.

Tags: board bank jos eminence

 
 

US: Eminence backs Men's Wearhouse Jos A Bank bid

2014-01-15 15:03:00| Daily apparel & textile news and comment - from just-style.com

Hedge fund Eminence Capital, which owns a 4.9% stake in Jos A Bank Clothiers, is backing the hostile takeover bid for the business from rival retailer The Men's Wearhouse.

Tags: bank bid mens jos

 

Eminence Backs Men's Wearhouse Bid for Jos. A. Bank

2014-01-15 06:01:49| Apparel - Topix.net

Reuters has learned that "Men's Wearhouse Inc.'s largest shareholder, Eminence Capital LLC, plans to support the retailer's $1.61 billion offer for rival Jos.

Tags: bank bid mens jos

 

Men's Wearhouse's $1.6B bid for Jos. A. Bank backed by shareholder Eminence Capital

2014-01-13 16:50:42| Apparel - Topix.net

In a letter dated Monday, Eminence Capital LLC CEO Ricky Sandley said the deal provides "the best path" for shareholder value.

Tags: capital bank bid mens

 

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