Eddie Bauer Holdings, Inc. announced that, with respect to its proposed sale to Eddie B Holding Corp., a company owned by affiliates of Sun Capital Partners, Inc. and Golden Gate Capital, the waiting period required under the Hart- Scott-Rodino Antitrust Improvements Act of 1976 has expired without a request for additional information from the U.S. Federal Trade Commission.
As announced on November 13, 2006, the Company has entered into a definitive agreement for the sale of Eddie Bauer to Eddie B Holding Corp. for $9.25 per share in cash. The transaction is expected to close in the first quarter of 2007, subject to the satisfaction of other previously disclosed closing conditions.
