Eddie Baur EBHI Stock Halted - 6/17/09

Shares of Eddie Bauer Holdings, Inc. (EBHI) have been halted on the following news today. Shares of the company declined 29% before the halt occurred. Discuss Stocks - http://stockstobuy.org

Eddie Bauer Files for Chapter 11 Bankruptcy Protection; Enters Into Bid Agreement With Private Equity Firm That Plans To Continue Operations

- Partner CCMP Capital Plans to Maintain Business as a Going Concern

- All Stores Open and Serving Customers

- Secures DIP Financing Commitment of $100 Million To Support Ongoing Business Needs

June 17, 2009 -Eddie Bauer Holdings, Inc. (Nasdaq: EBHI ) today announced that it has voluntarily initiated proceedings under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court in Delaware and under the Companies' Creditors Arrangement Act (CCAA) in Canada in the Ontario Superior Court of Justice (Commercial List), and is pursuing a sale process under Section 363 of the Bankruptcy Code and under the CCAA.

The Company has entered into an asset purchase agreement with an affiliate of CCMP Capital Advisors, LLC ("CCMP Capital") to buy the Company's assets through a bankruptcy process, subject to an auction and Bankruptcy Court approval, for $202 million in cash, with working capital and similar adjustments. CCMP Capital, a global private equity firm with significant experience in the retail and consumer sectors, intends to operate the business as a going concern with little or no long-term debt. CCMP Capital has agreed to:

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Hot Penny Stocks 1/22/09 January 22, 2009

Today, 1/22/09, there are several penny stock gainers breaking out to the upside. Be sure to check out the Top 2009 Penny Stock Gainers on the NYSE, Nasdaq, and AMEX.

Eddie Bauer Holdings ( EBHI ) - $1.16 Up 141% - Eddie Bauer Reports Improvement in Full Year EBITDA on Soft Holiday Sales.

Stemcells ( STEM ) - $2.14 Up 14% - STEM is rallying for the 4th straight day after Obama became President ( which is good for stem cell stocks ) and the fact that Dawson James Securities ( WHO? ) slapped a buy rating on STEM. Stemcells is approaching key resistance levels from $2.20-$2.50.

Aastrom Biosciences ( ASTM ) - $0.55 Up 10.04% - ASTM is another Stem Cell Stock which goes up when Stem goes up, or vice versa.

Check out the biggest stock gainers today.

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