Nordstrom family will take retailer private in $4 bln deal

1 day ago  · The Nordstrom family teamed up with Mexican retailer Liverpool to clinch a $4 billion deal to take iconic department store chain Nordstrom private, six years after a similar attempt fell short.


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Nordstrom Family Will Take Retailer Private In $4 Bln Deal

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1 day ago  · The Nordstrom family teamed up with Mexican retailer Liverpool to clinch a $4 billion deal to take iconic department store chain Nordstrom private, six years after a similar attempt fell short.

reuters.com

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Nordstrom Founding Family To Take Retailer Private For $4 Billion

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The $24.25-per-share deal is 42% higher than the stock's close on March 18, a day before Reuters exclusively reported that the founding family was seeking to take Nordstrom private …

msn.com

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Nordstrom Family To Take High-end Retail Chain Private In $4B

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Department store chain Nordstrom will be acquired by its founding family and Mexican retailer Liverpool for nearly $4 billion in an all-cash deal, going private at a time when high-end …

msn.com

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Nordstrom To Be Taken Private By Founding Family For $4 Billion

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(Reuters) -Nordstrom will be acquired by its founding family and Mexican retailer Liverpool for nearly $4 billion in an all-cash deal, going private at a time when high-end retailers are …

msn.com

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Nordstrom To Be Taken Private By Founding Family And El Puerto …

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1 day ago  · Including debt, the deal values Nordstrom at $6.25 billion, the company said in a statement. Shareholders will receive $24.25 in cash for each share of Nordstrom common …

nytimes.com

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Nordstrom To Be Taken Private In $6.25 Billion Deal From Founding ...

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19 hours ago  · Nordstrom shareholders will receive $24.25 in cash for each share of Nordstrom common stock, or about $4 billion in all, representing a 42% premium on the company’s stock …

fastcompany.com

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Nordstrom: Founding Family To Take Retailer Private For US$4B

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1 day ago  · The Nordstrom family teamed up with Mexican retailer Liverpool to clinch a US$4 billion deal to take iconic department store chain Nordstrom private, six years after a similar …

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Nordstrom Family Buys Back Retailer At $6.25 Billion Valuation

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1 day ago  · The family will take a majority 50.1% stake in the newly private Nordstrom and take the company private upon completion of the all-cash deal, which will give Liverpool a 49.9% …

forbes.com

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Nordstrom Family Reaches $4 Billion Deal To Take Retailer Private

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The founding family of Nordstrom JWN-1.47% decrease; red down pointing triangle clinched a $4 billion deal to take the struggling department-store chain private. The details

wsj.com

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The Nordstrom Family Is Taking Back Control Of Its Store In A $6.25 ...

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1 day ago  · Nordstrom, the upscale department store chain, is going private in a $6.25 billion deal with its founding family. The retailer announced Monday that the family — Erik, Pete and …

cnn.com

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Nordstrom To Go Private In $6.25 Billion Deal With Founding Family ...

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1 day ago  · Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican …

nbcnews.com

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Nordstrom To Be Taken Private By Founding Family In $6.25B Deal

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1 day ago  · Nordstrom agreed to be taken private by its founding family and Mexican retailer El Puerto de Liverpool in a deal valuing the department store chain at about $6.25 billion.

investopedia.com

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Nordstrom Family To Take Chain Private In $6.25 Billion Deal

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1 day ago  · Reports of a take-private deal have helped boost the stock price. The equity value of the offer is equivalent to $4.2 billion, a company spokeswoman said. The board’s acceptance …

bnnbloomberg.ca

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Founding Family Taking Nordstrom Private For $6.25B - Axios

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1 day ago  · Nordstrom will be taken private by members of its founding family and El Puerto de Liverpool, the company announced today.. Why it matters: The deal values the department …

axios.com

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Nordstrom To Be Taken Private By Founding Family For $4 Bln - MSN

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2 days ago  · Nordstrom will be acquired by its founding family and Mexican retailer Liverpool for nearly $4 billion in an all-cash deal, going private at a time when high-end retailers are …

msn.com

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Nordstrom To Be Taken Private By Founding Family For $4 Billion

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1 day ago  · (Reuters) -Nordstrom will be acquired by its founding family and Mexican retailer Liverpool for nearly $4 billion in an all-cash deal, going private at a time when high-end …

investing.com

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Nordstrom To Be Taken Private By Founding Family For $4 Bln

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1 day ago  · STORY: The founding family of Nordstrom has secured a deal to take the department store chain private.Led by CEO Erik Nordstrom and President Pete Nordstrom, the family will …

yahoo.com

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Nordstrom To Be Taken Private By Founding Family For $4 Bln

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1 day ago  · STORY: The founding family of Nordstrom has secured a deal to take the department store chain private. Led by CEO Erik Nordstrom and President Pete Nordstrom, the family will …

marketscreener.com

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Nordstrom Family To Take Chain Private In $6.25 Billion Deal

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1 day ago  · 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 billion, including …

dallasnews.com

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Nordstrom Family To Take Chain Private In $6.25 Billion Deal

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1 day ago  · Nordstrom family to take chain private in $6.25 billion deal BY Bloomberg Shoppers walk into a Nordstrom department store at Fashion Valley, an upscale shopping mall on …

fortune.com

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Nordstrom Family Reaches $4 Billion Deal To Take Retailer Private

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The founding family of Nordstrom clinched a $4 billion deal to take the struggling department-store chain private. The details. The department-store chain said Monday that Erik, Pete and Jamie ...

msn.com

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Nordstrom To Evaluate Founding Family's Interest In Pursuing Take ...

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Apr 18, 2024  · Nordstrom's shares were up 1.6% in extended trading, after closing up 4.4% at $18.74 on Thursday. The retailer had a market capitalization of about $3.06 billion, according …

usnews.com

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Nordstrom To Be Taken Private By Founding Family For $6.25B - MSN

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Nordstrom will be taken private by members of its founding family and El Puerto de Liverpool, the company announced today. Why it matters: The deal values the department store retailer at …

msn.com

FAQs about Nordstrom family will take retailer private in $4 bln deal Coupon?

Is Nordstrom going private?

Getty Images Department store chain Nordstrom will be acquired by its founding family and Mexican retailer Liverpool for nearly $4 billion in an all-cash deal, going private at a time when high-end retailers are grappling with slow demand. ...

Did Nordstrom get a $4 billion deal?

The founding family of Nordstrom clinched a $4 billion deal to take the struggling department-store chain private. ...

Who owns Nordstrom?

By Savyata Mishra and Juveria Tabassum (Reuters) -Nordstrom will be acquired by its founding family and Mexican retailer Liverpool for nearly $4 billion in an all-cash deal, leaving public markets after 54 years as the business attempts to tackle slowing demand. ...

How is the Nordstrom take-private deal financed?

The take-private deal will be financed through a combination of rollover equity by the Nordstrom family and Liverpool, cash commitments by Liverpool, up to $450 million in borrowings under a new $1.2 billion ABL bank financing, and company cash on hand. ...

How much does the Nordstrom deal cost?

Why it matters: The deal values the department store retailer at $6.25 billion, ending a nine-month saga and giving Nordstrom a chance to right the ship as a private entity. By the numbers: Per the agreement, Nordstrom common shareholders will receive $24.25 per share, up from the $23 apiece offer made in September. ...

Why did Nordstrom's shares go up 2%?

Nordstrom's shares were up about 2% in after hours trading. Reuters had first reported in March, citing sources, that the founding family was looking to take the company private, six years after a similar attempt turned out to be unsuccessful. ...

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