Private-equity firm Cerberus Capital Management is working on a bid for teen-apparel retailer Abercrombie & Fitch Co. alongside American Eagle Outfitters Inc., which could give American Eagle a leg up in the pursuit of its struggling rival. A number of parties are still involved in the process, including other buyout firms and apparel chain Express Inc., according to people familiar with the matter. Any deal...

Source: Wall Street Journal May 24, 2017 16:52 UTC