11.05.2017 05:54:12

Abercrombie In Preliminary Talks With Several Parties On Potential Transaction

(RTTNews) - Abercrombie & Fitch Co. (ANF) reported that, after receiving expressions of interest, it is in preliminary discussions with several parties regarding a potential transaction with the company.

Abercrombie noted that there can be no assurance these discussions will lead to a definitive agreement or that a transaction will be consummated.

Earlier, there were reports that Abercrombie & Fitch was in merger talks with at least two interested buyers.

Among the suitors are apparel chains Express Inc.(EXPR) and American Eagle Outfitters Inc. (AEO), the report said.

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Abercrombie & Fitch Co. 152,92 3,09% Abercrombie & Fitch Co.
American Eagle Outfitters Inc. 16,60 0,00% American Eagle Outfitters Inc.