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Article Date: May 2018
Word Count: 133

Eddie Bauer, Pacific Sunwear Explore Merger


The two struggling retail chains, both owned by Golden Gate Capital, are considering combining operations and lowering their door count form a current 700, according to Reuters. Golden Gate bought Bauer out of bankruptcy in 2009 for $286 million and converted its $100 million loan to PacSun to equity during a 2016 bankruptcy.

 

The business case for combining two over the hill Baby Boomer retail banners into a ... Log in to view full article.

 

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