NEW YORK - The regulatory, antitrust waiting period for the proposed sale of Eddie Bauer to Eddie B Holding Corp., a company owned by Sun Capital Partners Inc. and Golden Gate Capital affiliates, ended yesterday.
As previously reported, Bauer entered into an agreement on Nov. 13 to sell the company to Eddie B Holding Corp. for $9.25 per share, in a deal valued at $614 million. The transaction is still subject to the resolution of other closing conditions previously reported by the company, but is expected to be completed some time in the first quarter.
For complete coverage see tomorrow's issue of WWD.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"