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Abercrombie fields takeover interest

Published 05/10/2017, 02:30 AM
© Reuters.  Abercrombie fields takeover interest
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  • Abercrombie & Fitch (NYSE:ANF) is working with investment bank Perella Weinberg Partners to field takeover interest from other retailers, sources told Reuters.
  • The company has struggled as its logo-stamped t-shirts and sweaters, once popular among teenagers, have lost their fashion appeal.
  • It's a vulnerable acquisition target: ANF shares are trading at a 17-year low.
  • Now read: Amazon (NASDAQ:AMZN)'s On-Demand Manufacturing Patent: Sounding The Death Knell For Apparel Manufacturers?


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