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HomeWorldNordstrom's founding family in new bid to take U.S. retailer private |...
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Nordstrom’s founding family in new bid to take U.S. retailer private | Reuters News Agency

News Times HD
By News Times HD


Deals

19 March 2024, 5:17 pm 1 minute

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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