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American Eagle Outfitters surged the most in almost two years in New York trading on speculation the teen clothing retailer may be a takeover target. The shares rose $1.34, or 9.1 percent, to $16.03 in New York Stock Exchange composite trading for the largest gain since April 2009.
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- Categories:
- Mergers & Acquisitions
- Companies:
- American Eagle Outfitters, Inc.
- People:
- Brian Sozzi
- Places:
- New York
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