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Eddie Bauer Holdings Inc. (NASDAQ: wants a judge in U.S. bankruptcy court in Delawar e to set a bid deadline of July 14 and a July 16 date to auctio offthe retailer’s But , headquartered in Santa Monica, Calif., and three othef landlords want more time to evaluatde any proposed deal. “The landlords did not creates debtors’ financial maladies, and should not bear the consequencesd of this bankruptcy through loss of their contractual Macerich and the other landlords said in a courytfiling Thursday. Eddie Bauer filer for Chapter 11 bankruptcy protectionJune 17.
The New York privatde equity firm has made an offer to buyEddise Bauer’s assets for $202 million, subject to an auctionh and bankruptcy court approval. CCMP has said it has agreecd to keep most ofEddie Bauer’s 371 storesw if it were the winning But the company said it would closde an undisclosed number of underperforming stores. The Macerich Co. leases spacse to Eddie Bauer at Redmond Town Centertin Redmond, Wash., and Portland’xs Washington Square. Also objectingy in the bankruptcy case are Eddi e Bauer landlords SouthgateMall Associates, The Forbees Co. and Collectively the four companies lease spac e to 20 Eddie Bauer stores in14 states.
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