By and  on July 17, 2009

The bankruptcy court auction for bankrupt Eddie Bauer Holdings Inc. started late Thursday and, at press time, was expected to continue into today.

According to sources at the auction, VF Corp., which expressed interest earlier in the week, is looking only at the intellectual property assets of Bauer. Other bidders are understood to be stalking-horse bidder CCMP Capital Advisors LLC, an affiliate of Rainier Holdings; private equity firm Golden Gate Capital; Iconix Brand Group Inc., working in tandem with an unidentified strategic retail partner, and liquidation firms Gordon Brothers and Hilco Consumer Capital, which are said to be planning a joint bid.

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