Abercrombie & Fitch Co. terminated talks with potential acquirers, dashing hopes of investors who saw a takeover as the best way to rescue a retailer struggling to rekindle its appeal with shoppers.
The move send the shares down as much as 17 percent, to $10.11, in
early trading. The announcement followed months of speculation that
Abercrombie might be acquired by Express Inc. or American Eagle
Outfitters Inc.. . . more