TITLE

Golden Gate Buys Bankrupt Eddie Bauer

AUTHOR(S)
Rozens, Aleksandrs
PUB. DATE
July 2009
SOURCE
Mergers & Acquisitions Report;7/27/2009, Vol. 22 Issue 30, p27
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the acquisition of the bankrupt clothing retailer Eddie Bauer by Golden Gate Capital for 286 million U.S. dollars. According to Eddie Bauer, Golden Gate Capital will maintain the substantial majority of Eddie Bauer's stores and employees in a newly formed going concern company. It notes that Eddie Bauer is one of many retailers to succumb to the economy's downturn and filed for Chapter 11 bankruptcy protection on June 17, 2009. A brief background on Golden Gate is provided.
ACCESSION #
44148535

 

Related Articles

  • Big deal. Del Franco, Mark; Tierney, Jim // Multichannel Merchant (Penton Media, Inc.);Dec2006, Vol. 2 Issue 12, p1 

    The article announces the most recent acquisitions of Golden Gate Capital, a private equity firm. Golden Gate Capital and Sun Capital agreed to buy cataloger/retailer Eddie Bauer for $614 million including $328 million in debt. The acquisition is expected to close in the first quarter of 2007....

  • Eddie Bauer agrees to $614M buyout.  // Furniture/Today;11/20/2006, Vol. 31 Issue 11, p50 

    The article reports on the agreement of apparel company Eddie Bauer, which has a licensed furniture line with Lane to be sold to affiliates of private equity investment groups Sun Capital Partners and Golden Gate Capital in Washington. The deal is valued at $614 million. The buyers would pay...

  • SHORT SHOTS.  // Business Journal Serving Fresno & the Central San Joaquin Valley;7/24/2009, Issue 324053, p7 

    The article reports developments related to various topics in California. A study by researchers from the Southern Illinois University and the U.S. Geological Survey found that frogs in the high Sierra are at risk due to airborn pesticides from the Central Valley. State officials plan to build a...

  • Eddie Bauer Acquired In $614M Equity Deal. Young, Vicki M. // WWD: Women's Wear Daily;11/14/2006, Vol. 192 Issue 102, p3 

    The article reports on the acquisition of Eddie Bauer by the joint venture company Eddie B. Holding Corp. in 2006. The joint venture company, which was acquired in cash, was formed by Sun Capital Partners Inc. and Golden Gate Capital. The total transaction value includes debt to be repaid of...

  • New Owners of Struggling Eddie Bauer Face Challenges. Harrison, Joan // Mergers & Acquisitions: The Dealermaker's Journal;Jan2007, Vol. 42 Issue 1, p48 

    The article reports that Sun Capital Partners and Golden Gate Capital have their work cut out for them in revitalizing troubled Eddie Bauer Holdings in the U.S. The two firms partnered up in late 2006 to buy the specialty retailer, which had operated for 17 months as a stand-alone entity...

  • Eddie Bauer Sale Begs Questions. Lloyd, Brenda // DNR: Daily News Record;11/20/2006, Vol. 36 Issue 47, p11 

    The article reports that market analysts questions the impending sale of Eddie Bauer to Eddie B Holding Corp., owned by affiliates of private equity firms Sun Capital Partners and Golden Gate Capital. Eddie B Holding Corp. agreed to acquire Bauer for $9.25 per share in cash, or around $614...

  • Jos. A. Bank To Buy Eddie Bauer.  // WWD: Women's Wear Daily;2/18/2014, Vol. 207 Issue 34, p2 

    The article discusses Jos. A. Bank Clothiers Inc. $825 million deal to acquire Eddie Bauer fashion company as of February 2014, noting the inclusion of a three percent termination fee in the deal and also noting the outlook for a merger of Jos. A. Bank and The Men's Wearhouse Inc. The article...

  • Golden Gate gobbles another. Tierney, Jim // Multichannel Merchant (Penton Media, Inc.);Oct2006, Vol. 2 Issue 10, p7 

    The article reports that San Francisco, California-based Golden Gate Capital Corp. has acquired Irvine-based cataloger Carabella Corp., which consists of the Carabella and A.B. Lambdin women's apparel businesses. It was mentioned that Carabella and A.B. Lambdin will become part of New York-based...

  • Eddie Bauer attracts several suitors.  // WSA: Performance & Sports Materials;Jul/Aug2009, Vol. 15 Issue 4, p6 

    The article reports on the interest of New York private equity and capital investment firms to bid for the acquisition of Eddie Bauer, a sports and outdoor apparel brand, following its filing for bankruptcy protection. Eddie Bauer employs 10,000 workers across North America and has 370 stores....

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics