Nordstrom shareholders will receive $24.25 in cash for each share of Nordstrom common stock, representing a 42% premium on the company's stock as of March 18, when reports of a potential transaction ...

Shareholders of Nordstrom’s common stock will receive $24.25 in cash per share, according to the company’s press release.

Nordstrom carries everything from designer clothing and beauty staples to home goods and best-selling baby gear. With the department store’s current offers, you can save up to 80% on brands like ...

They noted Nordstrom shares have already hit the firm’s $24 price target. The stock has gained 30% this year, driven by speculation the company would be taken private by the Nordstrom family.

As the Associated Press reported, “Nordstrom shares fell about 1.5% Monday, but they are up 34% this year on rumors of a family takeover. The company’s stock is still down considerably from ...

Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating for Nordstrom, setting a $24 price target. While showing strong momentum, Nordstrom faces potential gross margin ...