Abercrombie & Fitch ends talks with potential buyers
(Reuters) - Abercrombie & Fitch Co said on Monday that it terminated discussions about a potential deal following a review.
The company had said earlier this year that it was in talks with a number of bidders regarding a potential sale.
The teen apparel retailer's shares plummeted 16 percent to $10.21 in premarket trading.
(Reporting by Anya George Tharakan in Bengaluru; Editing by Saumyadeb Chakrabarty)
Disclaimer: No Business Standard Journalist was involved in creation of this content
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Jul 10 2017 | 6:24 PM IST