• Tue. Nov 5th, 2024

Nordstrom’s founding family in new bid to take U.S. retailer private

Byusanewscart.com

Mar 26, 2024

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Deals

Reuters exclusively reported that the founding family behind Nordstrom Inc is seeking to take the U.S. department store operator private, six years after a similar attempt proved unsuccessful.

Market Impact

Nordstrom shares rose 12% to $19.22 on the news, giving the company a market value of $3.2 billion  

Article Tags

Topics of Interest: Deals

Type: Reuters Best

Sectors: Business & Finance

Regions: Americas

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

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