Nordstrom Inc. (JWN)
NYSE NYSE Primary 
Nordstrom Founding Family Takes Retailer Private in $6 Billion Deal
The Nordstrom family now owns the department store chain bearing their name. Erik, Pete and Jamie Nordstrom and other members of their family, along with Mexican retailer Puerto de Liverpool, announced a deal Monday (Dec. 26) to acquire all of Nordstrom's outstanding common stock.
Nordstrom going private in $6.25B deal with family members and Mexican retailer
Seattle-based Nordstrom has agreed to be acquired and taken private by members of the longtime retail family and El Puerto de Liverpool, a Mexican retailer, in an all-cash-deal valued at $6.
Nordstrom To Be Taken Private by Founding Family in $6.25B Deal
Nordstrom (JWN) will soon be off the stock market, after agreeing 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.
Nordstrom family to take high-end retail chain private in $4B deal: ‘Exciting new chapter ‘
Nordstrom will become a private company as a result of the deal, which was unanimously approved by the board of directors.
Nordstrom going private in $6.25B deal with founding family, Mexican retailer
The family that founded Nordstrom and El Puerto de Liverpool are buying Nordstrom, paving the way for the retailer to return to operating as a privately held company.
Why the Nordstrom Family Is Taking the Chain Private
Telsey Advisory Group CEO and Chief Research Officer Dana Telsey reacts to the Nordstrom family 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. Sign up for the Wealth newsletter, a guide to your money, delivered weekly: Click Here -------- More on Bloomberg Television and Markets Like this video?
Nordstrom family to take retailer private in $6.25B deal
Nordstrom, Inc. (NYSE:JWN) has announced that it will be acquired by the retail chain's founding family and El Puerto de Liverpool in an all-cash transaction valued at approximately $6.25 billion, including debt. Under the agreement, Nordstrom's shareholders will receive $24.25 per share, representing a 42% premium over the company's share price on March 18, 2024, before speculation emerged surrounding a potential deal.
Nordstrom to go private after doing the math on facing bigger rivals
Retailer has been publicly traded since 1971 but said it sees better growth prospects ahead as a private business.
Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer
Nordstrom will become a private company after it agreed to a buyout deal valued at $6.25 billion from Nordstrom's founding family and Mexican retailer El Puerto de Liverpool. Common shareholders will receive $24.25 in cash for each share of Nordstrom common stock they hold, according to a press release.
Nordstrom Announces It Will Go Private As Namesake Family Retakes Control Of $6.25 Billion Retailer
The Seattle-based department store chain Nordstrom announced Monday it agreed to a transaction which will give the Nordstrom family a controlling stake in the retailer, which will go private after a 53-year stint as a public company as the fourth generation of Nordstroms retake control.
Nordstrom to Be Taken Private by the Nordstrom Family. The Stock Falls.
The high-end fashion retailer is going private.
Nordstrom agrees to $6.25 bln buyout deal from founding family
Nordstrom said on Monday it would be acquired by its founding family and Mexican retailer El Puerto de Liverpool in an all-cash deal valuing the department store chain at about $6.25 billion.
