Eddie Bauer $202M Asset Sale To CCMP Approved

Law360, New York (June 30, 2009, 12:00 AM EDT) -- The bankruptcy judge overseeing the Chapter 11 proceedings of Eddie Bauer Holdings Inc. has signed off on the retailer's proposed $202 million asset sale to an affiliate of global private equity firm CCMP Capital Advisors LLC, as a slew of utility companies have balked at the debtors' plans for paying their bills.

In an order signed Tuesday in the U.S. District Court for the District of Delaware, Judge Mary F. Walrath approved Eddie Bauer's plans to sell its assets pursuant to a stalking horse agreement with...
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