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UPDATED: Eddie Bauer Files Bankruptcy; Private Equity Comes Through With $220M Offer

89-Year Old Outdoor Apparel & Accessories Snags Private Equity Buyer With Plans to Keep Two-Thirds of its Stores Open
By Sasha M Pardy
June 22, 2009 | 7:07 P.M.

Eddie Bauer, outdoor apparel and accessories retailer with a rich, 89-year history and 371 stores in the U.S. and Canada, filed bankruptcy on June 17, 2009 at both U.S. and Canadian courts. The company listed approximately $476 million in assets and $427 million in liabilities in the filing.

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