By Lisa Kerner
Charlotte, N.C., Jan. 3 - Eddie B Holding Corp. said its acquisition of Eddie Bauer Holdings, Inc. is expected to close in the first quarter of 2007, according to a news release.
The Hart-Scott-Rodino waiting period has expired with no additional information requested by the Federal Trade Commission.
On Nov. 13, Eddie B Holding, owned by affiliates of Sun Capital Partners, Inc. and Golden Gate Capital, announced a definitive agreement to acquire the Seattle-based specialty retailer Eddie Bauer for $9.25 per share in cash in a deal estimated at $614 million.
Sun Capital is a private investment firm based in Boca Raton, Fla.
Golden Gate Capital is a San Francisco private equity firm.
| Acquirer: | Eddie B Holding Corp.
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| Target: | Eddie Bauer Holdings, Inc.
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| Payment per share: | $9.25
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| Announcement date: | Nov. 13
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| Expected closing: | First-quarter 2007
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| Stock price for target: | Nasdaq: EBHI: $9.06 on Dec. 29
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