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American Eagle May Team Up With Private Equity Firm To Buy Abercrombie & Fitch

Abercrombie & Fitch, the teen-oriented clothing store that you haven’t visited since age 17 because the music is too darn loud, let the world know that it was for sale a few weeks ago. It shouldn’t surprise anyone that a prominent private equity firm is interested, but that firm, Cerberus Capital Management, is teaming up with competitor American Eagle. [More]