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Abercrombie & Fitch ends talks with potential buyers

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Reuters
Last Updated : Jul 10 2017 | 6:42 PM IST

(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)

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First Published: Jul 10 2017 | 6:24 PM IST

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