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Eddie Bauer Considers a Sale

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From the Associated Press

The holding company for Eddie Bauer said Thursday that it was considering putting itself up for sale, just about a year after the clothing retailer was spun off from its former parent.

Eddie Bauer Holdings Inc. of Redmond said that it had retained Goldman, Sachs & Co. to evaluate a possible sale or other options. The company said it could not say when, or whether, a sale might be completed.

The company also could not say when it would release its first-quarter financial results, although it promised a date soon.

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In January, Eddie Bauer announced the resignation of its chief financial officer, Timothy McLaughlin, and said it was restating a financial filing to correct errors.

The filing that had to be restated was part of the company’s effort to be listed on the Nasdaq Stock Market.

Jim Fingeroth, a spokesman with Eddie Bauer’s public relations firm, said the company was continuing its efforts to be listed.

In June, Eddie Bauer Inc. was spun off from its former parent, Spiegel Inc., as part of that company’s Chapter 11 bankruptcy reorganization.

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