Is American Eagle Ripe for Takeover?
March 07, 2013 at 11:01 AM EST
According to CNBC , yes. The improving economy is opening the pockets of companies and PE firms looking to deploy cash. Apparel retailer, American Eagle (NYSE: AEO ) is on the short list of possible targets, M&A watchers say. Citigroup analyst, Scott Chronert, says rising valuations, a stable economic outlook,