Eddie Bauer (B)
Posted: 5 Sep 2009
Date Written: August 24, 2009
In February 2007, shareholders of Eddie Bauer, the specialty apparel retailer, were scheduled to vote on management's proposed sale of the company to two private equity firms. More than 50% of outstanding shares in Eddie Bauer needed to be voted in favor of the deal for it to be finalized. Shareholders needed to decide whether to vote for or against the proposed sale, which was fully endorsed by the board of Eddie Bauer.
JEL Classification: A20, C93
Suggested Citation: Suggested Citation