Eminence Capital Releases Presentation Describing How Shareholders Can Unlock Value At The Men's Wearhouse, Inc.

NEW YORK, Nov. 20, 2013 /PRNewswire/ -- Eminence Capital, LLC, which owns 9.8% of the common stock of The Men's Wearhouse, Inc. (MW) and is its single largest shareholder, today released a presentation describing how shareholders can unlock value at the company and why MW's Board of Directors should engage in merger discussions with Jos. A. Bank Clothiers, Inc. (JOSB).  Eminence Capital also said that it has retained Moelis & Company as a strategic advisor. 

The presentation, which was developed with the assistance of Moelis & Company, is available at http://dressmwforsuccess.com/investor_presentation_nov2013.pdf or by contacting Eminence Capital's proxy solicitor, D.F. King & Co., Inc., at (212) 269-5550.

On November 15, Eminence Capital filed a preliminary solicitation statement with the SEC in connection with calling a special meeting of MW shareholders to vote on a number of bylaw amendments that, if approved, will permit shareholders to remove directors without cause before the next annual meeting of shareholders.  Pursuant to Texas law the special meeting may be called by holders of at least ten percent (10%), in aggregate, of all of the shares of MW entitled to vote at the special meeting.

Additional Information Regarding the Solicitation For Agent Designations
In connection with its solicitation of agent designations to call a special meeting of shareholders of The Men's Wearhouse, Inc., Eminence Capital, LLC and certain of its affiliates (collectively, the "Participants") have filed a preliminary solicitation statement with the Securities and Exchange Commission (the "SEC") to solicit agent designations from shareholders of The Men's Wearhouse, Inc.  Investors and security holders are urged to read the preliminary solicitation statement in its entirety and the definitive solicitation statement and other relevant documents when they become available because they will contain important information regarding the consent solicitation.  The preliminary and definitive solicitation statement and all other relevant documents will be available, free of charge, on the SEC's website at www.sec.gov.  

Information regarding the Participants in the solicitation of agent designations and a description of their direct and indirect interests, by security holdings or otherwise, to the extent applicable, is available in the preliminary solicitation statement filed with the SEC.

If shareholders have any questions, please call Eminence Capital's proxy solicitor, D.F. King & Co., Inc., at (212) 269-5550.

About Eminence Capital, LLC
Eminence Capital, LLC is an asset management firm founded in 1998 that currently manages more than $4.5 billion on behalf of institutions and individuals.  The firm employs a bottom-up, research-driven investment strategy that utilizes a combination of industry research, rigorous financial analysis and dialog with company management to execute its investment process.

Forward-Looking Statements
This press release includes forward-looking statements that reflect our current views with respect to future events. Statements that include the words "expect," "intend," "estimate," "plan," "believe," "project," "anticipate," "will," "may," "would," "shall" or similar words are often used to identify forward-looking statements.  All forward-looking statements address matters that involve risks and uncertainties, many of which are beyond our control.  Accordingly, there are or will be important factors that could cause actual results to differ materially from those indicated in such statements and, therefore, you should not place undue reliance on any such statements.  Any forward-looking statements made in this press release are qualified in their entirety by these cautionary statements, and there can be no assurance that the actual results or developments anticipated by us will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, The Men's Wearhouse, Inc. or its business, operations or financial condition. Except to the extent required by applicable law, we undertake no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.  This press release relates only to the synergies and cost savings which will result from the combination of The Men's Wearhouse, Inc. and Jos. A. Bank Clothiers, Inc. and does not address the competitive benefits for consumers that will flow from such combination.

Investors Contact:
Edward McCarthy/Thomas Germinario
D.F. King & Co., Inc.
(212) 269-5550

Media Contact:
Scott Tagliarino/Samantha Leon
ASC Advisors LLC
(203) 992-1230

SOURCE Eminence Capital, LLC