Men's Wearhouse Ousts Zimmer

Posted by Joey Hack on Wed, Jun 19, 2013 at 2:16 PM

Pitch perfect.
  • Pitch perfect.

Men's Wearhouse, the fancier cousin of The New York Suit Exchange, today fired founder and chairman George Zimmer.

His termination letter reportedly started as follows:

"You're not going to like the rest of this letter. Guaranteed."

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See what happens after an IPO, those investors want to enjoy the profit you want to pay yourself. Its like inviting a hostile takeover.

Posted by on 06/21/2013 at 9:20 AM
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