Sales Slip Slightly for Transcat

| MCM staff

Revenue for test, measurement and calibration instruments distributor Transcat decreased 3.6%, from from $17.9 million to $17.2 million for the first quarter of its fiscal 2010, which ended June 27.

Bankruptcy Court Approves Eddie Bauer-Golden Gate Deal

| MCM staff

Eddie Bauer Holdings received U.S. Bankruptcy Court approval to proceed with the sale of its business to Golden Gate Capital for $286 million in cash on July 22. The outdoor apparel catalog/retailer said it expects the transaction to close in early …