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Eminence Capital supports new Men’s Wearhouse bid for Jos. A. Bank
New York -- Eminence Capital LLC, which owns 4.9% of the common stock of Jos. A. Bank Clothiers, Inc. has issued a statement in support of the new offer by The Men's Wearhouse for the company. The statement, attributed to Eminence CEO Ricky C. Sandler, says that combining the two companies the best outcome for all shareholders.
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MasterCard rolls out MasterPass in-app payments
New York -- MasterCard has unveiled MasterPass in-app payments, designed to enable consumers to make secure purchases within a mobile app. The solution eliminates the need to store payment card credentials across numerous mobile apps, providing consumers with a fast and simple payment experience.
MasterPass in-app payments will be made available to developers and merchants beginning in the second quarter of this year.