{"id":5271,"date":"2006-11-13T00:00:00","date_gmt":"2006-11-13T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"eddie-bauer-accepts-mln-private-equity-bid","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2006\/eddie-bauer-accepts-mln-private-equity-bid.html","title":{"rendered":"Eddie Bauer accepts $286 mln private equity bid"},"content":{"rendered":"<p>  CHICAGO (Reuters) &#8211; Eddie Bauer Holdings Inc. (Nasdaq:<a href=  \"http:\/\/us.rd.yahoo.com\/dailynews\/finance\/nm\/bs_nm\/storytext\/retail_eddiebauer_suncapitalpartners_dc\/20929019\/*http:\/\/finance.yahoo.com\/q?s=ebhi&amp;d=t\">EBHI<\/a> &#8211; <a href=  \"http:\/\/us.rd.yahoo.com\/dailynews\/biz\/nm\/bs_nm\/storytext\/retail_eddiebauer_suncapitalpartners_dc\/20929019\/*http:\/\/biz.yahoo.com\/n\/e\/ebhi.html\">news<\/a>), a clothing and accessories retailer, said  on Monday it had accepted a $286 million cash takeover bid from two private equity firms, becoming the latest in a long line of retailers choosing to go private.<\/p>\n<p>  A company owned by affiliates of Sun Capital Partners Inc. and Golden Gate Capital will pay stockholders $9.25 per share, a 4.5 percent premium over Friday&#8217;s closing Nasdaq price, and assume about  $328 million in debt.<\/p>\n<p>  The stock, which traded as high as $23.50 in December, was up 13 cents, or 1.5 percent, at $8.98 in afternoon trading.<\/p>\n<p>  <a href=\"http:\/\/us.rd.yahoo.com\/dailynews\/rss\/business\/*http:\/\/news.yahoo.com\/s\/nm\/20061113\/bs_nm\/retail_eddiebauer_suncapitalpartners_dc\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CHICAGO (Reuters) &#8211; Eddie Bauer Holdings Inc. (Nasdaq:EBHI &#8211; news), a clothing and accessories retailer, said on Monday it had accepted a $286 million cash takeover bid from two private equity firms, becoming the latest in a long line of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5271","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5271"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5271\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}