’80s Flashback Alert: Men’s Wearhouse Pulls a Pac-Man Move

In agreeing to buy would-be acquirer Jos. A. Bank, the company revisits a takeover defense tactic that, like the video game it is named for, debuted in the ’80s.

Stephen Taub November 26, 2013

Back in the 1980s, it was called the Pac-Man defense: a company under attack decides to turn the tables and try to acquire its suitor. This is what the Men’s Wearhouse decided to do Tuesday when it offered to

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