Aug 30 (Reuters) - Scion Asset Management, Llc:
* SCION ASSET MANAGEMENT, LLC REPORTS 5.1% STAKE IN TAILORED BRANDS INC AS OF AUGUST 26, 2019 - SEC FILING
* SCION ASSET MANAGEMENT - SENT LETTER TO TAILORED BRANDS' BOARD, SUGGESTING ANY POTENTIAL OFFER TO BUY CO AT AROUND $10/SHARE IS "UNACCEPTABLE"
* SCION ASSET MANAGEMENT - IN LETTER TO TAILORED BRANDS, ENCOURAGED MANAGEMENT TO EXPLORE SALE OF CANADIAN OPERATIONS, FOCUS ON U.S. STORE OPERATIONS