Nordstrom to go private in $6.25 billion deal with founding family ...

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 …

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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 …

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

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Key Takeaways 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.The ...

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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 …

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Nordstrom To Go Private In $6.25 Billion Deal With Nordstrom …

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1 day ago · Shopping and shipping for the holidays are in full swing 02:12. Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family …

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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 …

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Nordstroms Succeed In Taking Company Private For $6.25B

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2 days ago · Following the closing, the Nordstrom family will be the majority owners of the company, and Liverpool will own 49.9%. Erik and Pete Nordstrom’s great-grandfather …

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Nordstrom Going Private In $6.25B Deal With Founding Family

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The Nordstrom family and El Puerto de Liverpool put forward a $23-per-share offer to take the company private in September. ... Nordstrom going private in $6.25B deal with founding …

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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 …

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Nordstrom To Go Private In All-cash $6.25 Billion Deal. Is It A Good …

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1 day ago · The founding Nordstrom family, who owned a roughly 33% stake, teamed up with retail investor El Puerto de Liverpool, owner of a 10% stake, to take the company private.

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Nordstrom Agrees To Be Taken Private In $6.25 Billion Deal With

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Nordstrom (JWN) agreed to be taken private by members of the founding Nordstrom family and Mexican retailer El Puerto de Liverpool in a deal valued at $6.25 billion. The $24.25 per-share …

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Nordstrom Goes Private In $6.25 Billion Family-Led Deal

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2 days ago · Nordstrom returns to private ownership as the founding family reclaims control in a $6.25B deal, focusing on long-term growth and innovation. ... Nordstrom Returns to Private …

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Nordstrom To Become Private In $6.25b Buyout Deal - The Express …

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1 day ago · The deal, approved unanimously by the company’s board, involves Nordstrom’s founding family and Mexican department store El Puerto de Liverpool. The transaction is …

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Nordstrom Family To Take Chain Private In $6.25 Billion Deal - MSN

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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 debt.

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Nordstrom Agrees To Be Taken Private By Founding Family In $6.25 …

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(Reuters) -Nordstrom has agreed to be acquired by its founding family and Mexican retailer El Puerto de Liverpool in a deal that values the luxury department store operator at about $6.25 …

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FAQs about Nordstrom to go private in $6.25 billion deal with founding family ... Coupon?

Is Nordstrom a private company?

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 department store El Puerto de Liverpool. The company’s board of directors unanimously approved of the transaction, which is expected to close in the first half of 2025. ...

Who owns Nordstrom in 2025?

The company’s board of directors unanimously approved of the transaction, which is expected to close in the first half of 2025. As part of the deal, the Nordstrom family will have majority ownership in the company, with 50.1%, and Liverpool will own 49.9%. ...

Why did the Nordstrom family join a special committee?

Nordstrom had formed a special committee in February to respond to interest expressed by the family consisting of CEO Erik Nordstrom and President Pete Nordstrom to explore a possible deal. The acquisition, which was cleared by the special committee, gives the family a majority ownership stake in the company. ...

How much does Nordstrom pay its shareholders?

The company's shareholders will get $24.25 for each share they own, Nordstrom said on Monday, an increase from a $23 offer made by the parties in September for shares they did not already own. The Nordstrom family and El Puerto de Liverpool together owned nearly 44% of the company as of September. ...

Does Nordstrom own Liverpool?

The Nordstrom family will own a 50.1% stake to Liverpool's 49.9% stake when the deal closes, which Nordstrom said should be in the first half of next year. The deal will also have to be approved by two-thirds of Nordstrom shareholders, including a majority of Nordstrom's non-family and non-Liverpool shareholders. ...

What happened to Nordstrom?

A previous effort fizzled out in 2018. In September, the Nordstrom family offered $23 a share for the chain, which valued the company at roughly $3.76 billion. Nordstrom stock fell roughly 1% in early trading. Shares of the company have shot up since a Reuters report in March that the family wanted to take the company private. ...