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In 2018, the company opted to reject the Nordstrom family's offer to take it private at around $50 per share. Its net earnings have dropped 76% from 2018 to 2023. The 123-year-old retailer is ...
Nordstrom will be go private after it's acquired for $6.25 billion by Nordstrom family members and El Puerto de Liverpool, a Mexican department store chain. What to shop first 🛍️ What to know ...
The Nordstrom family and El Puerto de Liverpool have offered $3.8 billion to take the company private, bringing the department store group back into the family’s hands. Newsletters Amazon Prime ...
The Nordstrom family offered $3.8 billion to take the company private -- a steep discount from a bid it made six years earlier as department stores continue to get slammed by dwindling mall traffic.
Nordstrom has received a bid from members of the Nordstrom family, along with Mexican department store retailer El Puerto de Liverpool, to take the company private in a deal valued at $3.76 ...
What's New. Nordstrom has reached a $6.25 billion buyout deal led by members of the Nordstrom family and Mexican retail giant El Puerto de Liverpool in an effort to take the retail chain private.
Jeannette Neumann (Bloomberg) — The Nordstrom family is joining forces with a Mexican retailer to take its namesake department store private in an all-cash transaction valued at about $6.25 ...
The proposal calls for the merger consideration to be financed “through a combination of rollover equity and cash commitments by members of the Nordstrom family and Liverpool and $250 million in new ...
Nordstrom just announced it looks favorably on a bid from Mexican retailer El Puerto de Liverpool to help take the company private. The merger proposal is now being evaluated by a special ...