Benzinga's Weekend M&A Chatter

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday November 15 through Sunday November 17, 2013: Jos A Bank Teminates $48.00/Share Offer for Men's Wearhouse, Eminence Capital Requests Talks The Offer Termination:
Jos. A. Bank JOSB sent a letter to the Men's Wearhouse MW CEO on Friday, terminating its $48.00/Share proposal to acquire its larger competitor as previously announced. Men's Wearhouse investor Eminence Capital said the company's board had failed in its fiduciary duties to shareholders by allowing the November 14 deadline to expire without holding talks with Jos. A. Bank. Eminence filed a filed a preliminary solicitation statement with the SEC in connection with requesting a special meeting of Men's Wearhouse shareholders. Jos. A. Bank responded to the Eminence Capital press release: "Should the Men's Wearhouse Board change its stance, we would immediately consider whether a new proposal to acquire Men's Wearhouse is warranted." Jos. A. Bank Chairman Robert Wildrick also said the company was pursuing other takeover targets. Men's Wearhouse closed Friday at $46.63, a gain of 1%. Report Apple Acquires Prime Sense for $345M The Rumor:
Israeli publication Calcalist reported Sunday that Apple AAPL had acquired 3D sensing company PrimeSense for $345 million. The company told Benzinga in an email response: "PrimeSense is the leading 3D technology in the market. We are focused on building a prosperous company while bringing 3D sensing and Natural Interaction to the mass market in a variety of markets such as interactive living room and mobile devices. We do not comment on what any of our partners, customers or potential customers are doing and we do not relate to rumors or re-cycled rumors." An Apple spokesperson was not available for comment. Blyth Rejects CVSL $16.75/Share Takeover Bid The Rejection:
Blyth BTH announced Friday it rejected the $16.75 per share offer made by CVSL CVSL on October 25. Among the reasons Blyth's Board gave for rejecting the CVSL offer was that it was not supported by any committed debt or equity financing and might include payment, all or in part, in CVSL stock. CVSL's Chairman, John Rochon Jr., said "We will amplify our proposal to Blyth in due course." Blyth closed Friday at $12.00, a loss of 4%.