By  on February 25, 2014

Eminence Capital on Monday entered into a standstill agreement with The Men’s Wearhouse Inc.

The agreement further solidifies the hedge fund’s position in support of Men’s Wearhouse Inc.’s intent to acquire Jos. A. Bank Clothiers Inc. in a bid that could value the rival men’s retailer at up to $1.8 billion, or $65 a share.

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