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Nordstrom is returning to its private roots after years of earnings struggles and investor indifference.The founding Nordstrom family, who owned a roughly 33% stake, teamed up with retail investor ...
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 Jamie Nordstrom ...
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 ...
Nordstrom may soon return to its roots as a private business.The founding Nordstrom family, who owns roughly 33% of shares, is teaming up with retail investor El Puerto de Liverpool, who owns a 10 ...
Image source: The Motley Fool. Nordstrom (NYSE: JWN) Q2 2024 Earnings Call Aug 27, 2024, 4:45 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call ...
The breakdown in Nordstrom's ownership will be 50.1% by the Nordstrom Family and 49.9% by Liverpool, the release reads. Since Nordstrom will go private, the company's common stock will no longer ...
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