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"There's some real value in the stores and in the brand," consultant George Whalin says of Eddie...

Jul. 17, 2009 10:35 AM ETFirst Citizens BancShares, Inc. (FCNCA)FCNCABy: Eli Hoffmann, SA News Editor
"There's some real value in the stores and in the brand," consultant George Whalin says of Eddie Bauer, which was bought this morning in an auction by private-equity firm Golden Gate Capital. Not surprisingly, CIT Group (NYSE:CIT) is among Eddie Bauer's DIP lenders.

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