Eddie Bauer Going Private

Sun Capital Partners and Golden Gate Capital have agreed to acquire retailer Eddie Bauer Holdings Inc. (Nasdaq: EBHI) for $9.25 per share (12% premium to 4-week closing average). The total deal is valued at approximately $614 million, including around $328 million of debt to be repaid. It is expected to close in Q1 2007. Goldman Sachs served as financial advisor to Eddie Bauer. www.eddiebauer.com