Men's Wearhouse Goes 'Pac-Man' On Joseph A. Bank

Nov 27, 2013
Originally published on November 27, 2013 2:25 am

The retail company Men's Wearhouse has announced it is launching a takeover battle for rival Joseph A. Bank. What makes the effort unusual is that just last month Joseph A. Bank was trying to take over Men's Wearhouse. The turnaround is an example of what Wall Street calls a Pac-Man defense.