Eddie Bauer’s sale to Golden Gate OK’d
Published 5:00 am Sunday, July 26, 2009
Bellevue, Wash.-based retailer Eddie Bauer has received bankruptcy court approval to sell its assets to San Francisco private-equity firm Golden Gate Capital for $286 million. Golden Gate will take Eddie Bauer private and continue to operate it as a multichannel retailer, selling online as well as in stores. People involved with the process say Golden Gate will keep open 300 of Bauer’s 370 stores. Eddie Bauer has a store in Bend.