This follows an agreement on a $6.25bn buyout deal involving Nordstrom’s founding family and El Puerto de Liverpool, a prominent Mexican retailer. The company’s board of directors unanimously ...
Nordstrom will soon operate under new ownership. According to the Associated Press, the retailer is being sold to Nordstrom family members and a Mexican retail group for $6.25 billion. The new ...
Nordstrom shares rose 29% over the past year on M&A hopes, but the $24.25 buyout offer limits further upside, prompting my recommendation to sell. The Nordstrom family, with Liverpool's support ...
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 post-pandemic highs above $40 per share.
WASHINGTON — Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal with the industry being ...
The Nordstrom department store chain is set to go private after the Nordstrom family announced on Monday that it had made a $6.25 billion deal to buy all remaining shares in the company alongside ...
Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal with the industry being squeezed by ...