By  on November 20, 2013

Shares of Jos. A. Bank Clothiers Inc. inched up slightly Wednesday as hedge fund Eminence Capital offered an investor presentation to push for a merger between Jos. A. Bank and its rival, The Men’s Wearhouse Inc.

Although Jos. A. Bank and Men’s Wearhouse operate in largely the same locations, Eminence, Men’s Wearhouse’s single largest shareholder, believes that the value created from combining the two is “massive, with the potential for $2 billion of value to be created.”

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