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Eddie Bauer, the outdoor-clothing chain that sold goose-down coats to Mount Everest mountaineers and college students alike, filed for Chapter 11 bankruptcy protection on Wednesday and said it planned to sell itself for $202 million to CCMP Capital Advisors, a private equity firm....
.....“We’re not looking to liquidate the company or close most of the stores,” said Jonathan Lynch, a CCMP managing director. “We’re trying to help 8,000 employees save an iconic American brand.”