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Eddie Bauer Files for Bankruptcy

Topics:Bankruptcy

Sectors:Retail

Companies:Eddie Bauer Holdings, Inc.

By: Reuters | 17 Jun 2009 | 01:51 PM ET

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Eddie Bauer Holdings is expected to file for Chapter 11 bankruptcy protection Wednesday and announce a deal to be bought by CCMP Capital Advisors, according to The Wall Street Journal, which cited a person familiar with the situation.

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Another buyer can still top the CCMP deal in a Delaware bankruptcy court, where the Eddie Bauer [EBHI Loading... () ] case is expected to be filed, the paper said.

Representatives from Eddie Bauer and CCMP, a private equity firm, were not immediately available to comment. Eddie Bauer shares were down 8 cents, or 34.8 percent, at 15 cents on Nasdaq.

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