Eddie Bauer Buyout

It gets $9.25 a share.
Author:
Publish date:

A group led by Sun Capital Partners and Golden Gate Capital agreed to pay $9.25 a share for

Eddie Bauer

(EBHI)

.

The $286 million deal offers Bauer holders a 4% premium to Friday's close and a 12% premium to the apparel retailer's four-week average price.

Shares closed Friday at $8.85.