Abercrombie CEO exits; buyout now seen as possible

Dec 10, 2014

Abercrombie CEO exits; buyout now seen as possible

Private-equity firms have waited for this moment: Mike Jeffries is no longer in the retailing business. The controversial chief executive of Abercrombie & Fitch Co. retired Tuesday, clearing the way for any suitors interested in the teen retailer. Jeffries, 70, was long seen as ...