By  on August 14, 2013

Activist shareholders like William Ackman have long taken an interest in the retail and apparel sector.

Even as the drama at J.C. Penney Co. Inc. seemed to subside, on Tuesday, Jos. A. Bank Clothiers Inc. saw its shares surge 12.5 percent to $45.33 after BeaconLight Capital sent an open letter to the company’s board criticizing its corporate governance and compensation practices.

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