Clothing brand to acquire Eddie Bauer - sportstextiles: Lea SportsTextiles

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Clothing brand to acquire Eddie Bauer

17/02/2014
Clothing brand Jos. A. Bank has entered into a definitive agreement to acquire Everest Holdings, the parent company of outdoor brand Eddie Bauer.

It will pay $564 million in cash for Eddie Bauer and also issue new shares in Jos. A. Bank to form part of the settlement.

Jos. A. Bank has been engaged in “an intensive process over the last two years to identify and review high-potential acquisition candidates” it said in a statement.



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