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November 14, 2006
Eddie Bauer Snapped Up By Equity Groups
Two equity groups have purchased Eddie Bauer in a deal valued at around $614 million.
Sun Capital Partners and Golden Gate Capital have formed a new company called Eddie B. Holding Corp., which acquired the brand this week.
The deal is expected to give Eddie Bauer an opportunity to execute a turnaround strategy. The company has been reporting sales declines in recent quarters.
Posted by Blacks on November 14, 2006 09:51 AM
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