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Darden Restaurants to sell Red Lobster for $2.1B

Darden Restaurants to sell Red Lobster for $2.1B

ORLANDO, Fla., May 16 (UPI) --Darden Restaurants has signed a deal with Golden Gate Capital to sell the struggling seafood chain Red Lobster for $2.1 billion.
Ananth Baliga
Men's Wearhouse ups bid on Jos. A. Bank in new twist to heated takeover battle

Men's Wearhouse ups bid on Jos. A. Bank in new twist to heated takeover battle

FREMONT, Calif., Feb. 24 (UPI) -- The heated takeover battle between Men's Wearhouse and Jos. A. Bank reached a new high with the former raising its bid by 10 percent to $1.78 billion.
Ananth Baliga

Jos. A. Bank to buy Eddie Bauer for $825 million

HAMPSTEAD, Md., Feb. 14 (UPI) -- U.S. men's clothing chain Jos. A. Bank Clothiers said Friday it plans to acquire Eddie Bauer in a deal valued at $825 million.
Jos. A. Bank to acquire Eddie Bauer for $825M

Jos. A. Bank to acquire Eddie Bauer for $825M

HAMPSTEAD, Md., Feb. 14 (UPI) -- Clothing retailer Jos. A. Bank has agreed to buy Eddie Bauer for $825 million, signaling a possible end to Men's Wearhouse's attempt to acquire Jos. A. Bank.
Ananth Baliga

Men's Wearhouse rejects Jos. A. Bank deal

HOUSTON, Oct. 9 (UPI) -- Retailer chain Men's Wearhouse, based in Houston, turned down rival Jos. A. Bank Clothiers Inc.'s offer to buy the company, saying it was too low.

Eddie Bauer buyer to keep stores open

SAN FRANCISCO, July 18 (UPI) -- Most of the 370 outlets of bankrupt U.S. outdoor clothing retailer Eddie Bauer will remain open, its new buyer says.

Eddie Bauer seeks Chapter 11, sale likely

SEATTLE, June 17 (UPI) -- Seattle-based clothing retailer Eddie Bauer filed for Chapter 11 bankruptcy Wednesday, claiming it had nearly $427 million in debt to contend with.

Eddie Bauer warms up to buyout offer

REDMOND, Wash., Nov. 13 (UPI) -- Sun Capital Partners Inc. and Golden Gate Capital are offering to buy Washington state recreational retailer Eddie Bauer for $614 million.

Ebtek brand backpacks recalled

REDMOND, Wash., Sept. 22 (UPI) -- Eddie Bauer Inc. of Redmond, Wash., Wednesday recalled about 300 units of Ebtek Brand backpacks with a stool because the stool can collapse.

Environmental Media Assoc. begins campaign

LOS ANGELES, July 10 (UPI) -- Eddie Bauer is joining Hollywood personalities, the Environmental Media Association and the Conde Nast publishing group to celebrate the environment.

Spiegel selling its Eddie Bauer unit

DOWNERS GROVE, Ill., April 6 (UPI) -- Catalog retailer Spiegel Inc. is divesting its Eddie Bauer clothing chain and will sell its Newport News women's apparel unit for $25 million in cash.

Eddie Bauer may close another 30 stores

NEW YORK, Dec. 9 (UPI) -- Eddie Bauer may close another 30 stores if a New York bankruptcy court approves a motion filed by its parent company, Spiegel.

Eddie Bauer Propane Lanterns recalled

WASHINGTON, Sept. 26 (UPI) -- The U.S. Consumer Product Safety Commission announced the voluntary recall of Eddie Bauer propane camping lanterns because of the risk of carbon monoxide gas.
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