Eddie Bauer to Be Taken Private

A year and a half after emerging from bankruptcy protection, Eddie Bauer Holdings, which runs a chain of outdoorsy clothing stores, has agreed to be acquired by two private equity firms. An affiliate of Sun Capital Partners and Golden Gate Capital will buy the company for $286 million in cash and $328 million in assumed debt, for a total transaction value of $614 million, Eddie Bauer said in a press release.