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Abercrombie Sticks With CEO Despite Activist's Flak

By Karlee Weinmann (December 9, 2013, 3:00 PM EST) -- Sputtering teen retailer Abercrombie & Fitch Co. said Monday that it will keep CEO Mike Jeffries in its C-suite for at least another year after his contract expires in February, brushing off sharp criticism from an activist investor that last week urged his ouster....

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