Eddie Bauer Files Chapter 11 Bankruptcy

June 17, 2009 6:30:13 PM PDT
Eddie Bauer clothing store announced ... It's voluntarily initiated proceedings for chapter 11 bankruptcy. The clothing retailer had more than 476-million dollars in total assets and 426-million in total debt at the time of the filing.The retailer has also entered into a bid agreement with private equity firm that plans to continue store operations, including the one at Fresno's Fig Garden Village.

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