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Wednesday, May 15, 2024

ISSN: 2251-1237

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

BusinessNordstrom's founding family in new bid to take U.S. retailer private


Deals

Primanews 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: Primanews 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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