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Why would American Eagle want to buy Abercrombie & Fitch?

Best Answers

Shares of American Eagle Outfitters (NYSE:AEO) recently tumbled on reports that the apparel retailer was considering a bid for its rival Abercrombie & Fitch (NYSE:ANF). read more

But if American Eagle really decides to buy Abercrombie, I'll likely sell the stock for the aforementioned reasons. Recent reports indicate that American Eagle isn't Abercrombie's only potential suitor -- Express has also expressed interest. read more

American Eagle shares are down 25% this year and nearly 40% over the past five years. Surprisingly though, AEO has seen sales actually rise over the past few years. By picking over the scraps of Abercrombie, AEO should boost its overall business. read more

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