Apparel firm Eddie Bauer Holdings said two proxy advisory firms have recommended the proposed sale of the business to two investment companies.

Institutional Shareholder Services and Glass Lewis & Co said the suggested sale to Eddie B Holding - owned by Sun Capital Partners and Golden Gate Capital - would be in the best interests of Eddie Bauer's shareholders.

The proposed deal, which is hoped to close during the first quarter of 2007, offers US$9.25 per share in cash for the company.